5421 SW 29th St - Distribution FOR SALE


Oklahoma City, OK 73179
$1,500,000 USD
405-641-9798
5421 SW 29th St, Oklahoma City, OK for Sale
$1,500,000 USD
Distribution - FOR SALE
1/5
null | 8.79% Cap Rate

5421 SW 29th St
Oklahoma City, OK 73179


OVERVIEW

This 20,280 SF Facility was Originally Built for Airborne Express and Subsequently Used by DHL as a Hub Transit Facility. Currently Occupied by a Landscape/Product Distributor, the Current NOI is $131,844.00. The Sales Price is $1,500,000.00 Yielding a Cap Rate of 8.79%.  The Current Lease Expires August 31, 2025 and there is a 5-Year Option to Extend. (20) Grade Level Doors & (2) Dock High Doors. 3,000 SF Office. 14’ Ceiling Height. Sprinklered. 200 Amp/240 Volt/3 Phase Power. Fenced Yard for Trailer Storage. Concrete Parking Area. Aero Meridian Industrial Area. Frontage: 164’ on S.W. 29th Street. 1 Mile from I-44 Corridor. 3 Miles from Will Rogers World Airport. Located on the N.W. Corner of S.W. 29th Street & S. Purdue.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

8.79%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

Lighting - Halide, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

2

DRIVE INS

20

PARKING SPACES

126

LAND DETAILS

LAND ACRES

2.45

LAND SF

106,722

ZONING

I-2

APN/PARCEL ID

141957025

ASK ABOUT THIS PROPERTY

Bob SullivanNAI Sullivan GroupMore Info
405-641-9798

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Bob SullivanNAI Sullivan GroupMore Info
405-641-9798

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