2906-2962 SW 59th St - Retail FOR SALE


Oklahoma City, OK 73119
$6,100,000 USD
405-840-0600
2906-2962 SW 59th St, Oklahoma City, OK for Sale
$6,100,000 USD
Retail - FOR SALE
1/1
null | 10.83% Cap Rate

2906-2962 SW 59th St
Oklahoma City, OK 73119


HIGHLIGHTS

  • 111,257-square-foot retail property.
  • Offering significant upside potential.
  • Opportunities to lease the remaining vacancies, which include a 30,000-square-foot box and several smaller shop spaces.
  • There is potential to sell or ground lease the pad site and increase rents to market rates.
  • 67% Occupied

OVERVIEW

Almonte Shopping Center is a 111,257-square-foot retail property located at the corner of SW 59th St and S May Ave in Oklahoma City, OK. Offering significant upside potential, the center is priced at a low $54 per square foot and presents opportunities to lease the remaining vacancies, which include a 30,000-square-foot box and several smaller shop spaces. Additionally, there is potential to sell or ground lease the pad site and increase rents to market rates.

FOR SALE DETAILS

PRICE

$6,100,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

10.83%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Almonte Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

810

LAND DETAILS

CROSS STREETS

S May Ave

LAND ACRES

12.31 AC

LAND SF

536,224 SF

ZONING

-

APN/PARCEL ID

140831010

ASK ABOUT THIS PROPERTY

Samuel DunhamNAI Sullivan GroupMore Info
405-840-0600

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Samuel DunhamNAI Sullivan GroupMore Info
405-840-0600

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