Michael Minnich - Coldwell Banker Select
333 N Portland
Oklahoma City, OK 73107

$1,075,000

Description

Enjoy the ease of ownership with this Single Tenant NNN office/warehouse/yard Property that you as owner/investor can manage with little or no time involvement. The current tenant has made substantial investment in upgrading and customizing the Property for their use and appears to be long term whereby they renewed their initial 3-year lease for 5 additional years running through November 30, 2022. The building contains 13,080 SF (approx 3,760 SF office and 9,320 SF warehouse) with 13 updated offices, conference room, 2 bathrooms, kitchen, in floor hydraulic lift to accommodate semi unloading, skylights, large fenced in yard, ample electrical, new insulated roof within the past 5 years. While this Property is ideal for the current tenant & it is believed that they will extend beyond the five year lease extension, it could easily be converted for many other tenants as is or as retail showroom/distribution due to its Portland Front and close proximity to Furniture District.

Details

MLS#807859
Sub-TypeResale
StatusActive
Year1976
Days On Site215

Features

SQ Feet13,080
Story(s)1
ZoningIndustrial

Market Activity 73107

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Area Information

StateOK
CountyOklahoma
CityOklahoma City
Zip Code73107
School DistrictOklahoma
Listing VS Median (in 73107)
Price:
$1,075,000
low | high
Med:
$132,200
100% of Average
SqFt:
13,080
low | high
Med:
1,195
100% of Average
$ / SqFt:
$82
low | high
Med:
$111
15.182611143045% of Average
On Site:
215
low | high
Med:
12
100% of Average
Listing Updated: 09/19/2018
MLS Number: 807859
Listing Provided By:
George Huffman  of  Interwest Realty