3020 NW 16th St - Supermarket FOR SALE


Oklahoma City, OK 73107
$1,950,000 USD
405-822-9070
3020 NW 16th St, Oklahoma City, OK for Sale
$1,950,000 USD
Supermarket - FOR SALE
1/11
null | 8.31% Cap Rate

3020 NW 16th St
Oklahoma City, OK 73107


OVERVIEW

FOR SALE: Prime Commercial Building at 3020 NW 16th, Oklahoma City Listed at $1,950,000, below the recent appraisal value of $2.3M—an unbeatable deal for savvy investors! Key Features: Strong Tenant: Long-term lease with Black Friday Deals OK Inc. generating stable income through 2028, with built-in annual rent escalations. Attractive CAP Rate: Up to 8.31%, outperforming many comparable properties. Turnkey Investment: Tenant handles utilities and interior maintenance, while landlord oversees major structural elements. Strategic Location: High-traffic area in Oklahoma City, ideal for retail and customer engagement. Upside Potential: Below-market list price and tenant renewal options ensure long-term value. Don’t miss this opportunity to secure a high-yield investment in a thriving commercial district! Contact us today to schedule a tour or for additional financials.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

8.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

117

LAND DETAILS

LAND ACRES

2.34 AC

LAND SF

101,930 SF

ZONING

C-3

APN/PARCEL ID

064540240

ASK ABOUT THIS PROPERTY

Toby BrownTB RealtyMore Info
405-822-9070

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Toby BrownTB RealtyMore Info
405-822-9070

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