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2400 S Air Depot Blvd

6,808 SF 100% Leased Retail Building Oklahoma City, OK 73110 £2,374,437 (£349/SF) 5.48% Net Initial Yield

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Investment Highlights

Fully leased multi-tenant building
0.6 miles from Tinker Air Force Base

23,000+ VPD on S Air Depot Blvd

Executive Summary

- Fully leased multi-tenant building containing two retail tenants (Schlotzsky's, Priority Roofing) and four apartment units.
- Direct access to Air Depot Blvd with great street visibility
- 0.6 miles from Tinker Air Force Base, one of the largest military installations in the United States with over 26,000 military and civilian employees
- Air Depot Blvd - 23,000 VPD
- Interstate 40 - 71,600 VPD

2400 S Air Depot Blvd - OM

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

6,808 SF

Building Class

Year Built

2012

Price

£2,374,437

Price Per SF

£349

Net Initial Yield

5.48%

NOI

£130,119

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.17

Lot Size

0.94 AC

Zoning

C - Commercial

Parking

37 Spaces (5.43 Spaces per 1,000 SF Leased)

Frontage

100 ft on S Air Depot Blvd

Amenities

Corner Lot
Pylon Sign

Restaurant
Signage

Drive Thru
Air Conditioning

Balcony

Accommodation and Food Services
99,999 SF
$9.99
Lorem Ipsum
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Schlotzsky’s opened in 1971 with a small restaurant on South Congress Ave. in Austin, Texas. Back then, they served only one sandwich — The Original. A unique combination of 13 ingredients served on toasted house-made sourdough bread. The Original, a sandwich as unique as the Schlotzsky’s name, is still served to this day, over 45 years later. Schlotzsky’s now spans across 35 states and has expanded their menu to serve up toasted sandwiches, artisan flatbreads, specialty pizzas, sliders, tacos, freshly tossed salads, gourmet soups and more. Schlotzsky’s is owned by Atlanta-based FOCUS Brands Inc., the franchisor and operator of over 5.5K Carvel, Cinnabon, Schlotzsky’s, Moe’s Southwest Grill, Auntie Anne’s, McAlister’s Deli and Seattle’s Best Coffee on certain military bases and in certain international markets.