7.8% cap rate based on 100% retail space occupancy and office space proforma of 75% occupancy. Asset offers both immediate returns and long-term potential in the fastest growing segment of Oklahoma City.
Yukon Angle is a 3-story multi-use commercial center (retail, office and flex space) consisting of 44,023 square feet (MOL) of lease space on 4.15 acres (MOL).
This vibrant project is located in a strategic position on the NW corner of Garth Brooks Blvd. & W. Vandament Ave. in Yukon, OK with easy access to I-40. Vandament has been connected to the new Frisco Rd./I-40 intersection.
The 1st floor retail space and flex building are fully leased. The office space on the 2nd and 3rd floor (7,470 sf per floor, total of 14,940 sf) only requires tenant finish for future tenants. Excellent potential for corporate office or executive suite/business center use.
Dutch Bros and HTeaO are co-located as outparcels on the site.
Walmart Supercenter, Sprouts, Walgreens, Bank of Oklahoma and numerous other retailers and restaurants are located adjacent to this intersection.
Yukon and west Oklahoma City are the fastest growing segments of the metro area, per the Greater Oklahoma City Chamber of Commerce.