Property Listing No Longer Available for Sale

1101 Cornell Parkway, Oklahoma City, OK

Industrial for Sale - $2,571,200 - 41,720 Sq. Ft. on 2.57 acres


Property Info

CIMLS#909455
Location
  1101 Cornell Parkway
  Oklahoma City OK 73108
UpdatedDecember 21st, 2016
TypeIndustrial
Price$2,571,200
Building41,720 Sq. Ft.
Land2.57 acres

Property Description

The property is currently 100% leased to 7 tenants. The property has a long history of high occupancy due to its location and versatile design. There is an abundance of parking and the spaces are designed to accommodate small and medium size tenants. The project 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 Will Rogers III, giving it excellent access to the metroplex and the US. No doubt this is why the immediate area has enjoyed long time success and historically high occupancy.

Highlights:

>> Multi-tenant Industrial Flex with 7 Tenants

>> 100% Occupied with Strong Tenants

>> Best Industrial Location in Oklahoma Metro

>> New Roof With 5 Year Warranty

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Financials

Sales Info:

>> Commision split: 2.5%