For Sale
$950,000

5601 Pennsylvania AveOklahoma City, OK 73119

High-Yield Retail Property, 12,581 SF

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional retail investment opportunity is located at 5601 S Pennsylvania Ave, Oklahoma City, OK 73119, encompassing a substantial 12,581 square feet on a 1.22-acre lot. Built in 1953, the property boasts 52 parking spaces, providing ample convenience for customers and tenants. The asking price is $950,000, translating to a price per square foot of $75.51. This translates to a compelling 6.95% capitalization rate, based on a Net Operating Income (NOI) of $66,000. The property's prime location in Oklahoma City, within Oklahoma County, offers significant potential for growth and strong rental income. This is an ideal investment for those seeking a stable, high-yielding asset in a thriving market. The property's size and parking capacity make it suitable for a variety of retail uses, presenting a unique opportunity for investors to capitalize on the Oklahoma City market. The property's strong NOI and attractive cap rate make it a compelling investment opportunity with significant potential for long-term returns. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-located, income-producing retail property in a desirable area of Oklahoma City.

Highlights

  • 12,581 SF retail building on a 1.22-acre lot in Oklahoma City, OK.
  • 52 parking spaces.
  • Asking price: $950,000 ($75.51/SF).
  • 6.95% capitalization rate based on a $66,000 NOI.
  • Located at 5601 S Pennsylvania Ave, Oklahoma City, OK 73119.

Property Details for 5601 Pennsylvania Ave

Property type
Retail properties, Investment properties
Square Feet
12,581 SF
Year Built
1953
Lot Size (sq. ft)
53,143 SF

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.4096287
Longitude
-97.5486517
5601 Pennsylvania Ave, Oklahoma City, Oklahoma

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5601 Pennsylvania Ave
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