For Sale
$4,329,265

9800 219 Ave Broken Arrow, OK 74014

Net-leased manufacturing facility, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 47,000-square-foot industrial manufacturing facility in Broken Arrow, Oklahoma. The property, located at 9800 S 219th E Ave, boasts a 100% occupancy rate with Auto-Turn Manufacturing under a 12-year absolute NNN lease, commencing March 10, 2022, and expiring March 10, 2034. With 9.3 years remaining on the primary lease term and a 10-year option, this asset offers significant long-term stability. The lease includes annual rent increases of 2.25%, providing inflation-resistant cash flow. The property features a 6.25% cap rate and a net operating income (NOI) of $270,579, with an asking price of $4,329,265 ($92.11 per square foot). The building comprises 3,500 square feet of office space and 43,500 square feet of warehouse space, featuring 20-foot clear height and four grade-level loading areas. Situated on a 3-acre lot, the property benefits from excellent access to Highway 51, experiencing over 24,100 vehicles per day. The surrounding area demonstrates strong demographics, with over 83,744 residents within a 5-mile radius and an average household income exceeding $116,633 within a 1-mile radius. This presents a rare opportunity to acquire a secure, low-maintenance industrial asset with substantial long-term growth potential. The property's APN is 251204-000010-000000.

Highlights

  • Absolute NNN leased industrial warehouse/distribution facility with auto-turn manufacturing tenant.
  • Long-term tenant with over 12 years of occupancy.
  • Ten-year lease remaining with one 10-year option; 2.25% annual rent increases.
  • 47,000 SF building on a 3-acre site; 3,500 SF office, 43,500 SF warehouse, 20' clear height, and four grade-level loading docks.
  • Excellent access to major transportation arteries: South 219th E Ave & Hwy 51 (24,100+ VPD).
  • Strong demographics: 83,744+ residents within a 5-mile radius.

Property Details for 9800 219 Ave

Property type
Industrial properties, Manufacturing properties
Square Feet
47,000 SF
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Broken Arrow
County
Wagoner
State
Oklahoma
Latitude
36.0225925
Longitude
-95.7335199

FAQs

What type of property is this?
Industrial property - Net-leased manufacturing facility, strong ROI.
Where is the industrial property located?
The property is located at 9800 219 Ave Broken Arrow, OK.
What is the asking price?
The asking price for this property is $4,329,265.
What are key features of this property?
This property features: Absolute NNN leased industrial warehouse/distribution facility with auto-turn manufacturing tenant.; Long-term tenant with over 12 years of occupancy.; Ten-year lease remaining with one 10-year option; 2.25% annual rent increases.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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9800 219 Ave
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