For Sale
$2,000,000

7740 79Th PlOklahoma City, OK 73132

High-Cap Rate Flex Building, OKC

Overview

Added:
Dec 11, 2024
Days on market:
111
This exceptional 12,800-square-foot flex space in Oklahoma City's Silver Cross Industrial Park presents a compelling value-add opportunity. Built in 2022, the property boasts a 6.00% cap rate and a substantial $120,000 net operating income (NOI) with 100% occupancy. The building features six dock-high doors, a 27-foot ceiling height, and sits on a generous 40,945-square-foot lot. Currently leased with short-term, below-market rents, this presents significant potential for increased revenue. The prime location within the bustling Silver Cross Industrial Park, near Northwest Expressway and Rockwell Avenue (65,000 vehicles per day), offers exceptional visibility and accessibility. Major retailers such as Walmart, Sam's Club, Target, and others are within a one-mile radius, ensuring high traffic and strong tenant demand. The asking price is $2,000,000, translating to $156.25 per square foot. This property is a rare find, combining a strong current income stream with substantial upside potential for the savvy investor. The building's pristine condition and strategic location make it an ideal investment for those seeking immediate returns and long-term growth in a thriving Oklahoma City market. The property is a single building, and the lease type is NNN.

Highlights

  • 12,800 SF flex space in Oklahoma City's Silver Cross Industrial Park.
  • Built in 2022, offering a 6.00% cap rate and $120,000 NOI with 100% occupancy.
  • Features six dock-high doors and 27-foot ceilings on a 40,945 SF lot.
  • Currently leased with below-market rents, presenting significant upside potential.
  • Asking price: $2,000,000 ($156.25/SF), NNN lease.

Property Details for 7740 79Th Pl

Property type
Industrial properties, Flex space
Square Feet
12,800 SF
Year Built
2022
Buildings
1

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.5519689
Longitude
-97.6517206
7740 79Th Pl, Oklahoma City, Oklahoma

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7740 79Th Pl
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