6810-6816 NW 23rd St - Freestanding FOR SALE


Bethany, OK 73008
$1,562,500 USD
405-473-7653
6810-6816 NW 23rd St, Bethany, OK for Sale
$1,562,500 USD
Freestanding - FOR SALE
1/7
null | 8% Cap Rate

6810-6816 NW 23rd St
Bethany, OK 73008


HIGHLIGHTS

  • Great Property with huge upside
  • 8% actual going in CAP rate
  • Large Pylon Sign at street

OVERVIEW

Peach Tree Center is an 18,200 sf mixed use retail and office shopping center. There are a total of 13 units (some combined) with 12 current tenants. The property consists of three (3) separate brick buildings and sits on approx. 1.96 acres. The leases are currently all base rent only (no NNN), with one vacancy of 1,200 sf, giving new ownership the ability to modify the leases over time to true NNN and increase the NOI and cash flow. There are two (2) ingress/egress driveways fronting on NW 23rd, one pylon sign and two buildings have newer TPO roofs (3 yrs. approx.) A going in CAP rate of 8% with substantial upside to generating more revenue thru active management makes this a very attractive asset for any investors portfolio.

FOR SALE DETAILS

PRICE

$1,562,500 USD

PRICE/SF

$278 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,465 SF

ZONING

Commercial

APN/PARCEL ID

172872280

ASK ABOUT THIS PROPERTY

Scott Heiple, CCIMHCB Commercial Real Estate Co., LLCMore Info
405-473-7653

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Scott Heiple, CCIMHCB Commercial Real Estate Co., LLCMore Info
405-473-7653

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