1010 Garth Brooks Blvd - Storefront Retail/Office FOR SALE


Yukon, OK 73099
$5,750,000 USD
405-816-5456
1010 Garth Brooks Blvd, Yukon, OK for Sale
$5,750,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | 7.8% Cap Rate

1010 Garth Brooks Blvd
Yukon, OK 73099


HIGHLIGHTS

  • 7.8% cap rate based on 100% retail space occupancy & office space proforma of 75% occupancy
  • 2nd & 3rd fl office space only requires tenant finish for future tenants
  • Office space has excellent potential for corporate office or executive suite/business center use
  • Located in a strategic position on the NW corner of Garth Brooks Blvd. & W. Vandament Ave.
  • Asset offers both immediate returns & long-term potential in the fastest growing segment of OKC

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Yukon Angle - Multi-Use Commercial Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.15 AC

LAND SF

180,774 SF

ZONING

C-3

APN/PARCEL ID

090144566

ASK ABOUT THIS PROPERTY

Bill ReidBaker First Commercial Real Estate ServicesMore Info
405-816-5456

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Bill ReidBaker First Commercial Real Estate ServicesMore Info
405-816-5456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.