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2701 W California Ave
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2701 W California Ave
23,810 SF Industrial Building Oklahoma City, OK 73107 £3,022,109 (£127/SF) 7.50% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Lease for existing tenant just extended to 10 years (from 5). Lease commencement was November 2023, so approximately 8 years and 9 months remaining.
- Warehouse: 9,310± SF
- Land Size: 1.4± Acres
- Building Size: 23,810±
- Fully climate controlled showroom/office: 14,500± SF (Includes two large storage areas with grade-level loading)
- Zoning: I-1 and I-2
EXECUTIVE SUMMARY
Single-Tenant Net-Leased Investment | NOW a 120-Month Lease! | NNN Lease Structure | Annual Increases
PROPERTY FACTS
Price | £3,022,109 | Rentable Building Area | 23,810 SF |
Price Per SF | £127 | Number of Floors | 1 |
Sale Type | Investment | Year Built | 1974 |
Net Initial Yield | 7.50% | Tenancy | Single |
Property Type | Industrial | Parking Ratio | 0.84/1,000 SF |
Property Subtype | Warehouse | Clear Ceiling Height | 17 ft |
Building Class | B | Level Access Doors | 4 |
Lot Size | 1.40 AC |
Price | £3,022,109 |
Price Per SF | £127 |
Sale Type | Investment |
Net Initial Yield | 7.50% |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 1.40 AC |
Rentable Building Area | 23,810 SF |
Number of Floors | 1 |
Year Built | 1974 |
Tenancy | Single |
Parking Ratio | 0.84/1,000 SF |
Clear Ceiling Height | 17 ft |
Level Access Doors | 4 |
AMENITIES
- Fenced Lot
- Security System
- Storage Space
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PROPERTY TAXES
Parcel Number | 072097025 | Improvements Assessment | £46,637 |
Land Assessment | £11,023 | Total Assessment | £57,659 |
PROPERTY TAXES
Parcel Number
072097025
Land Assessment
£11,023
Improvements Assessment
£46,637
Total Assessment
£57,659
ZONING
Zoning Code | I-1/I-2 |
I-1/I-2 |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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2701 W California Ave
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