2701 W California Ave
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2701 W California Ave
23,810 SF Industrial Building Oklahoma City, OK 73107 £2,930,978 (£123.10/SF) 7.50% Net Initial Yield
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 | £2,930,978 | Rentable Building Area | 23,810 SF |
| Price Per SF | £123.10 | 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 | £2,930,978 |
| Price Per SF | £123.10 |
| 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 | £45,301 |
| Land Assessment | £10,707 | Total Assessment | £56,008 |
PROPERTY TAXES
Parcel Number
072097025
Land Assessment
£10,707
Improvements Assessment
£45,301
Total Assessment
£56,008
ZONING
| Zoning Code | I-1/I-2 |
| I-1/I-2 |
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2701 W California Ave
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