For Sale
$450,000

608 Eubanks St Oklahoma City, OK 73105

Oklahoma City NNN Investment, 7.27% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 1,710 square foot executive office building, located at 608 E Eubanks Street in Oklahoma City, Oklahoma, presents a compelling net lease investment opportunity. The property, built in 1935 and extensively renovated in 2020, boasts a single-tenant occupancy and a strong 7.27% cap rate, promising significant returns for investors. The asking price is $450,000, translating to $263.16 per square foot. The property is classified as Class B and features a single-story building on a single lot (APN 038755880). The current lease is a triple-net (NNN) lease with a single tenant and an expiration date of December 2028. Situated in Oklahoma City, near the intersection of 36th and Lincoln Avenue, this property benefits from a strategic location within a thriving commercial market. This is a turnkey investment opportunity with a proven track record and significant upside potential. The property's excellent condition, combined with its attractive financial metrics, makes it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable Oklahoma City location. Don't miss out on this chance to secure a strong, stable investment with a high cap rate.

Highlights

  • 1,710 SF executive office building in Oklahoma City, OK, offering a net lease investment opportunity.
  • $450,000 asking price, $263.16/SF, 7.27% cap rate.
  • Class B, single-story building on a single lot (APN 038755880), built in 1935, renovated in 2020.
  • Single-tenant, NNN lease expiring December 2028.
  • Excellent location near 36th and Lincoln Avenue.

Property Details for 608 Eubanks St

Property type
Office properties
Square Feet
1,710 SF
Class
B
Year Built/Renovated
1935/2020
Buildings
1
Stories
1

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.506861291469
Longitude
-97.502784840559

FAQs

What type of property is this?
Office property - Oklahoma City NNN Investment, 7.27% Cap Rate
Where is the office property located?
The property is located at 608 Eubanks St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,710 SF executive office building in Oklahoma City, OK, offering a net lease investment opportunity.; $450,000 asking price, $263.16/SF, 7.27% cap rate.; Class B, single-story building on a single lot (APN 038755880), built in 1935, renovated in 2020.
How can I contact the broker?
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608 Eubanks St
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