Mid Moore Plaza | 221-229 N I-35 Service Rd
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Mid Moore Plaza 221-229 N I-35 Service Rd
13,407 SF 100% Leased Office Building Moore, OK 73160 £1,089,760 (£81/SF) 9.02% Net Initial Yield
Investment Highlights
- Heavy Highway Traffic
- Abundant Parking
- Flexible Design
Executive Summary
Introducing a prime investment opportunity in Moore, OK - a fully occupied multi-tenant office building that boasts exceptional potential for long-term stability. This attractive commercial property is located in a highly visible location, making it an excellent asset for any investor looking to expand their portfolio.
This multi-tenant office building is spread over a generous land area and offers ample parking spaces for tenants and visitors. The building is fully leased to a diverse mix of established businesses, ensuring a steady stream of rental income for the savvy investor.
The property comes with an additional 0.47 acre fenced lot to the south for overflow parking, storage, or potential development.
This multi-tenant office building is spread over a generous land area and offers ample parking spaces for tenants and visitors. The building is fully leased to a diverse mix of established businesses, ensuring a steady stream of rental income for the savvy investor.
The property comes with an additional 0.47 acre fenced lot to the south for overflow parking, storage, or potential development.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£120,245
|
£8.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£120,245
|
£8.97
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£21,963
|
£1.64
|
| Net Operating Income |
£98,281
|
£7.33
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £120,245 |
| Annual Per SF | £8.97 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £120,245 |
| Annual Per SF | £8.97 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £21,963 |
| Annual Per SF | £1.64 |
| Net Operating Income | |
|---|---|
| Annual | £98,281 |
| Annual Per SF | £7.33 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,407 SF
Building Class
B
Year Built/Renovated
1985/2016
Price
£1,089,760
Price Per SF
£81
Net Initial Yield
9.02%
NOI
£98,281
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
13,407 SF
Building FAR
0.19
Land Acres
1.60 AC
Zoning
ZN C5
Parking
60 Spaces (4.48 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Security System
- Signage
- Kitchen
- Natural Light
- Wi-Fi
- Wooden Floors
PROPERTY TAXES
| Parcel Number | R0004296 | Improvements Assessment | £41,035 |
| Land Assessment | £11,029 | Total Assessment | £52,064 |
PROPERTY TAXES
Parcel Number
R0004296
Land Assessment
£11,029
Improvements Assessment
£41,035
Total Assessment
£52,064
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Mid Moore Plaza | 221-229 N I-35 Service Rd
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