6712-6722 S Western Ave - Retail FOR SALE


Oklahoma City, OK 73139- Southern Oaks
$914,000 USD
832-819-8859
6712-6722 S Western Ave, Oklahoma City, OK for Sale
$914,000 USD
Retail - FOR SALE
1/7
null | 8.5% Cap Rate

6712-6722 S Western Ave
Oklahoma City, OK 73139
Southern Oaks


OVERVIEW

6712 S Western Avenue is a 6,425 SF retail center located in Oklahoma City and five miles south of the downtown area. It is a 100% occupied investment with long-term tenants including a sale leaseback tenant on the right end cap and a left end cap that has a popular seafood restaurant with a space that was recently renovated three years ago. Southwest Coin is doing a sale leaseback for three years for their space. Three of the four tenants have occupied space for 10 or more years. The property has two tenants with below market rent and additional income can be obtained through value add opportunities. 6712 S Western Avenue has great visibility from the road and has easy access with a building that is parallel to the street. It's listed at $914,000, 8.5% cap rate, $142 per square foot to the building.

FOR SALE DETAILS

PRICE

$914,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

Commercial

APN/PARCEL ID

109711005

ASK ABOUT THIS PROPERTY

Evan AltemusCreek CREMore Info
832-819-8859

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Evan AltemusCreek CREMore Info
832-819-8859

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.