Property Listing No Longer Available for Sale

5701 E I-240, Oklahoma City, OK

Industrial for Sale - $2,209,367 - 40,605 Sq. Ft. on 3.37 acres


Property Info

CIMLS#909454
Location
  5701 E I-240
  Oklahoma City OK 73135
UpdatedDecember 11th, 2016
TypeIndustrial
Price$2,209,367
Building40,605 Sq. Ft.
Land3.37 acres

Property Description

The property has excellent visibility to Interstate Highway 240. It is 91% leased to 10 tenants. The property has a long history of high occupancy due to its location and versatile design. There is abundant parking and the spaces are designed to accommodate small and medium size tenants. It is attractively designed with loading in the rear and low maintenance landscaping.

Location Description:

Oklahoma City is a large, diverse and growing metropolitan area of approximately one million people. It is the business, civic and entertainment center of the state. Oklahoma City is the largest city in the Great Plains region of the United States, which during tough economic times has shown itself to be the most resilient part of the country. In 2008 Forbes magazine named Oklahoma City the most recession proof city in the nation. The city is strategically located in the middle of the US and is a major crossroads, being one of the very few cities in the nation where three interstates cross. Interstate 35, Interstate 40 and Interstate 44 are literally minutes from Sooner Business Park, giving it excellent access to the metroplex and the US. No doubt this is why the immediate area has enjoyed long time success and has enjoyed numerous new commercial construction projects in the last couple of years.

Highlights:

>> Industrial Flex With 10 Tenants

>> Great Visibility to Interstate Hwy 240

>> 91% Leased

>> New Roof With 5 Year Warranty

* Email for additional photos


Financials

Sales Info:

>> Commision split: 3.0%