227 Philadelphia AveShawnee, OK 74801

For Sale
$650,000
High-yield investment, triple-net lease.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 13,387 square foot flex/warehouse property at 227 S. Philadelphia Ave, Shawnee, OK 74801, presents a compelling owner-user or investment opportunity. Boasting a desirable triple-net lease structure with a tenant in place until September 29, 2026, this property offers a strong pro-forma cap rate of 11.65% and a pro-forma NOI of $75,720. The asking price is $650,000, translating to $48.55 per square foot. Built in 1940, the building sits on a 0.72-acre lot (APN 630023764) and is zoned for industrial use. Key features include a new roof, a large fenced yard, and 1200 amp three-phase power. The property is currently 100% occupied, providing immediate cash flow and a secure investment. This is a single-tenant property with a lease commencement date of June 30, 2023. The property is classified as industrial and self-storage, offering versatility and potential for various uses. This is a rare opportunity to acquire a well-located, high-performing industrial property in Shawnee, Oklahoma.

Highlights

  • 1200-amp, three-phase power.
  • Large fenced yard.
  • New roof.

Property Details for 227 Philadelphia Ave

Property type
Warehouses, Self storage facilities
Square Feet
13,387 SF
Year Built
1940
Lot Size (sq. ft)
31,363 SF

Location Insight

City
Shawnee
County
Pottawatomie
State
Oklahoma
Latitude
35.3245377
Longitude
-96.919256
227 Philadelphia Ave, Shawnee, Oklahoma

FAQs

What type of property is this?
Warehouse - High-yield investment, triple-net lease.
Where is the warehouse located?
The property is located at 227 Philadelphia Ave Shawnee, OK.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1200-amp, three-phase power.; Large fenced yard.; New roof.
How can I contact the broker?
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227 Philadelphia Ave
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