2 Unit Office Portfolio
2 Office Properties Offered at £4,466,396 in Oklahoma City, OK
INVESTMENT HIGHLIGHTS
- 36,928 Square Feet of Leasable Office Space
- Rent Escalators in Place Provide For Hedge Against Inflation and OpEx Increase Over Term
- Undeveloped Land Offered to Tenants as Parking Lot in Agreement With Land Owner
- 9+ Years Remaining on Both Leases, Provides For Long Term Stability and Shows Commitment From Tenants
- Location Sports Strong Growth Potential in Path of Development of Oklahoma City
- Government Tenant Has Option to Expand Into Remaining Vacant Space at in Place Rates
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Present Exclusively For Sale the 2 Unit Office Portfolio Located in Oklahoma City, OK. This Deal Includes 9+ Years Remaining on Both Leases, Providing For Long Term Stability and Shows Commitment From Tenants, Providing For a Unique Investment.
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
PROPERTY FACTS
| Price | £4,466,396 |
| Price / SF | £114.85 / SF |
| Net Initial Yield | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 38,888 SF |
| Total Land Area | 0.90 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1141 W Sheridan Ave, Oklahoma City, OK 73106 | Office | 13,888 SF | 1979 | - |
| 1131 W Sheridan Ave, Oklahoma City, OK 73106 | Office | 25,000 SF | 1961 | - |
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