Now is the time to bring this property to market and achieve an exceptional price:
Growing demand in Oklahoma state for medium logistics and storage sites with a preference for purchase over lease
Strong yield compression due to limited quality industrial assets
Scarcity of large-scale assets in key locations on offer
Proximity to Interstate 40
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Property Analysis
A modern 20,667sf institutional-grade facility located just off I40
Significant loading canopies and full drive-through capabilities for B-double vehicles
Long-term passive income leased to a multi-national tenant
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Asset Valuation
$20,000,000 to $32,000,000
The Property
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We have identified this warehouse as an ideal property for logistics, storage, manufacturing, product testing and more. This is an utilitarian industrial warehouse that has served businesses for over 50 years and has a variety of desirable attributes.
Substantial site area of 44,670sf (approx) on in a dedicated industrial precinct with arterial connections to Interstate Highway 40
The second largest industrial warehouse in East Oklahoma City a potential Gross Floor Area of 20,667sf (approx) and a height limit of 180ft
Existing zoning permits a range of medium and heavy industrial, logistics and manufacturing uses
Secure holding income with demolition clauses on all leases
Land Area: 44,670sf
Floor Area: 20,667sf
Our Strategy
- Buyers
This asset will attract institutional AREITS, trust funds, interstate and local buyers.
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Marketing Strategy
Interstate Expression of Interest campaign to ensure the maximum possible exposure, while providing flexibility and a de-risked process.
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Marketing Budget
$20,000
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Timeline
We propose a four-week campaign beginning on March 27, 2018
Your Team
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Guy Blacksmith
Senior Agent at OKC Commercial Real Estate
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Paul McGlynn
Oklahoma Manufacturing Specialist (consultant)
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Fee
Sole Agency: 0.75% of the sale price (excluding taxes)
Joint Agency: 1% of total sale price, split evenly between agents (excluding taxes)
Let’s do business
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Alan Mountain
Senior Proposal Manager | OKC Commercial Real Estate
