![Building Photo](https://images.loopnet.co.uk/i2/DC9jjjyUX6NNVDPjsriiqEOPmKPH09ZH9qcALwpMegc/112/image.jpg)
1485 Alameda St | Norman, OK 73071
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1485 Alameda St
Norman, OK 73071
Retail Property For Sale
![1485 Alameda St, Norman, OK for sale - Building Photo - Image 1 of 12](https://images.loopnet.co.uk/i2/DC9jjjyUX6NNVDPjsriiqEOPmKPH09ZH9qcALwpMegc/110/1485-Alameda-St-Norman-OK-Building-Photo-1-Large.jpg)
![1485 Alameda St, Norman, OK for sale - Primary Photo - Image 2 of 12](https://images.loopnet.co.uk/i2/7sf1uUNdj8h2PaX27RehVTDydoi6T6dUaZgClVu8zCc/110/1485-Alameda-St-Norman-OK-Primary-Photo-2-Large.jpg)
Investment Highlights
- NOI $79,410.00
- 5-Year NNN Lease in place with Chaos Factor
- CAP Rate 7.75%
Executive Summary
Explore a remarkable investment opportunity with this newly renovated retail property located at 1485 Alameda St. With a 5-year NNN lease in place with strong area tenant Chaos Factory, this opportunity boasts high visibility and accessibility on Alameda. Annual rent increases and a 7.75% CAP.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,941 SF
Building Class
B
Year Built
2003
Price
£781,891
Price Per SF
£98
Net Initial Yield
7.75%
NOI
£60,597
Tenancy
Single
Number of Floors
1
Building FAR
0.30
Lot Size
0.60 AC
Zoning
C
Parking
40 Spaces (5.04 Spaces per 1,000 SF Leased)
Frontage
91 ft on Alameda St
Amenities
- Pylon Sign
PROPERTY TAXES
Parcel Number | R0175486 | Improvements Assessment | £41,947 |
Land Assessment | £21,791 | Total Assessment | £63,738 |
PROPERTY TAXES
Parcel Number
R0175486
Land Assessment
£21,791
Improvements Assessment
£41,947
Total Assessment
£63,738
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