For Sale
$510,000

9641 Council RdOklahoma City, OK 73162

High-yield flex space, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional investment opportunity presents a 3,000-square-foot flex/warehouse property in Oklahoma City's thriving Council Road business park. Priced at $510,000, this stabilized asset boasts a strong 7.50% cap rate and a healthy net operating income (NOI) of $38,243. The property is comprised of two 1,500-square-foot suites, each featuring a 12' x 14' overhead door, a walk-through door, and a bathroom. Built in 2022, the building offers 14' to 16' sidewalls and overall dimensions of 50' x 60'. Currently 100% occupied by two tenants, this multi-tenant property offers a secure and consistent income stream. The flexible zoning allows for a variety of uses, including office, retail, commercial, and light industrial. Its prime location between NW Expressway and Wilshire Blvd provides easy access to major thoroughfares, including the Kilpatrick Turnpike, and a wealth of amenities such as Walmart, Sam's Club, Office Depot, Home Depot, and Integris Community Hospital. Surrounded by established businesses, residential areas, and Wiley Post Airport, this property represents a compelling investment in a rapidly growing area. The property's strong tenant base, high occupancy rate, and excellent location make it an ideal addition to any investment portfolio.

Highlights

  • $510,000 asking price for a stabilized industrial investment property.
  • 3,000 square feet of flex/warehouse space with 100% occupancy.
  • Two 1,500 sq ft suites, each with a 12' x 14' overhead door, walk-through door, and bathroom.
  • 7.50% cap rate with a $38,243 NOI.
  • Located in Oklahoma City, OK at 9641 N Council Rd, 73162.

Property Details for 9641 Council Rd

Property type
Warehouses, Industrial properties
Square Feet
3,000 SF
Year Built
2022
Units
2

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.5683729
Longitude
-97.6574619
9641 Council Rd, Oklahoma City, Oklahoma

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9641 Council Rd
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