2333 Wichita St Broken Arrow, OK 74012

This exceptional investment opportunity presents a 34,426-square-foot industrial manufacturing facility in Broken Arrow, Oklahoma, currently under a net lease with Hill Manufacturing & Fabrication. The property boasts a 12-year lease, commencing March 3, 2022, with 9.3 years remaining and a single 10-year option period. The lease includes a favorable 2.25% annual rent increase, ensuring consistent and growing income. The building, situated on a 2.35-acre lot, features 4,298 square feet of office space and 30,128 square feet of warehouse space, complemented by a 20-foot clear height, four loading areas (two grade level and two dock high), and excellent access to major transportation arteries, including Highway 51 (103,500+ VPD) and East 61st Street S (13,800+ VPD). The property's strong location is further supported by a population of over 212,000 residents within a 5-mile radius and an average household income exceeding $91,245 within a 1-mile radius. With a current asking price of $3,435,600, a cap rate of 6.25%, and a net operating income (NOI) of $214,725, this asset offers a compelling return on investment with minimal landlord responsibilities. The property's APN is 83520-84-04-16290, and the address is 2333 W Wichita St, Broken Arrow, OK 74012. This is an ideal asset for a 1031 exchange or an investor seeking long-term, inflation-resistant cash flow.