5616 W Memorial Rd - Restaurant FOR SALE


Oklahoma City, OK 73142
$6,946,000 USD
480-221-4221
5616 W Memorial Rd, Oklahoma City, OK for Sale
$6,946,000 USD
Restaurant - FOR SALE
1/9
null | 6.5% Cap Rate

5616 W Memorial Rd
Oklahoma City, OK 73142


HIGHLIGHTS

  • Diverse Tenant Lineup | 100% Occupied | 2019 Construction | Excellent Visibility and Access
  • Interstate 344 (44,000 VPD) | Centralized Location | Mercy Hospital Oklahoma City (305 Beds) | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

• The center consists of a diverse e-commerce resistant tenant lineup comprised of retail, restaurant, and service tenants creating a stabilized income stream for a future investor • The asset benefits from direct visibility from Interstate 344 and offers ample parking with over 116 spaces, providing ease and convenience for customers • Constructed in 2019, the site features a modern design with top-of-the-line amenities

FOR SALE DETAILS

PRICE

$6,946,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Occupied Multi-Tenant Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

116

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

PUD

APN/PARCEL ID

209001000

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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