This exceptional Chickasha, Oklahoma property, located at 505 N 6th St, 73018, offers a compelling investment opportunity. The 38,313 square foot building comprises a 33,137 square foot warehouse and a 5,176 square foot office space, currently operating at 100% occupancy under a triple-net (NNN) lease expiring August 30, 2026. The lease, commenced June 30, 2023, has a remaining term of approximately 1.9 years. The asking price is $1,995,000, representing a compelling $52 per square foot and an attractive 11.00% capitalization rate with a current Net Operating Income (NOI) of $216,000. Significant upgrades include a full fire suppression sprinkler system, 87.5 tons of new HVAC units, and a robust electrical system featuring a 3,000-amp service with generator quick connect. The property boasts a fully fenced and secured perimeter, ample yard space, a truck well, and multiple overhead doors, offering flexibility for diverse industrial uses. Interior features include a CO2 system, four 1,000-gallon water tanks, two reverse osmosis (RO) systems, and extensive lighting and ventilation equipment. This property presents a rare opportunity to acquire a high-performing asset with significant upside potential in a growing market. No rent bumps are anticipated during the lease term.
Highlights
38,313 SF building (33,137 SF warehouse, 5,176 SF office) for sale in Chickasha, OK.
Priced at $1,995,000, representing a $52/SF price and an approximately 11% cap rate.
NNN lease in place through August 2026.
Features a full fire sprinkler system, 87.5 tons of HVAC, and a 3,000-amp electrical service with generator hookup.
Fully fenced and secured yard with truck well and multiple overhead doors.
The property is located at 505 6Th St Chickasha, OK.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 38,313 SF building (33,137 SF warehouse, 5,176 SF office) for sale in Chickasha, OK.; Priced at $1,995,000, representing a $52/SF price and an approximately 11% cap rate.; NNN lease in place through August 2026.
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Contacts
Mark Hyde
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6Th St Chickasha, OK 73018
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6Th St Chickasha, OK 73018
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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505 6Th St
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