400 N Macarthur Blvd - Warehouse FOR SALE


Oklahoma City, OK 73127- West Oklahoma City
$2,175,000 USD
405-659-9439
400 N Macarthur Blvd, Oklahoma City, OK for Sale
$2,175,000 USD
Warehouse - FOR SALE
1/34
null | Request Cap Rate

400 N Macarthur Blvd
Oklahoma City, OK 73127
West Oklahoma City


HIGHLIGHTS

  • The seller would consider carrying 20% on a strong offer. Negotiable terms.

OVERVIEW

Great location with high traffic (18,572 Traffic Volume 2022) and 321' of frontage on MacArthur Blvd. 4 Buildings Totaling 20,000 SF on 4.27 Acres. (10) 18’ Overhead Doors. 1950 Amps 480 Volt 3 Phase Service. Wash Bay. Graveled Yard. 10,000 SF Office on 2 Levels. Auto Showroom is approximately 4000 sqft. and building has 5 overhead doors, The other building on the property is approximately 3000 sqft and has 2 overhead doors. 18’ Clear Ceiling Height. Current income from tenants- $3500 a month from Soccer Academy (occupying approximately 3000 sqft) on a month to month but they would like to expand into the showroom portion of the building and pay an additional $3500 a month, sign a long term lease and stay. The Mechanic pays $2500 a month (approximately 1000 sqft). Owner is willing to vacate the property or stay and lease back for his businesses depending on what works best for new owner. Current owners businesses leases as follows; Asphalt Co. $2500 a month (occupying approximately about half an acre), Wrecker Co $2500 a month (approximately 1 acre of the yard), Auto Dealership $5000 a a month for a total of $10,000 a month lease back if New Owner would like them to stay. Lease back of $10,000 + the Soccer Lease of $7000 (with expansion) + Mechanic (if he stays) of $2500 is a total of $19,500.00 a month lease income. Tenants would like to stay and sign long term leases or could purchase property and have all tenants move out.

FOR SALE DETAILS

PRICE

$2,175,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

10

PARKING SPACES

20

LAND DETAILS

LAND ACRES

4.27

LAND SF

186,001

ZONING

I-3

APN/PARCEL ID

148071080

ASK ABOUT THIS PROPERTY

Debbie NaifehMcGraw Commercial PropertiesMore Info
405-659-9439

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Debbie NaifehMcGraw Commercial PropertiesMore Info
405-659-9439

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