4400 44Th StOklahoma City, OK 73119

Property Details for 4400 44Th St

Year built

1999

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

6.37 AC

Property size (Sq ft)

47,318 SF

Property type

Warehouses

APN

13-244-8027

APU

132448027

Description

This exceptional mixed-use investment property, located at 4400 SW 44th St, Oklahoma City, OK 73119, presents a compelling opportunity for value-add investors. The property, identified by APN 132448027, comprises a 52,592 square foot building constructed in 1999, featuring two units on two stories and situated on a 6.37-acre lot. Currently boasting 82.29% occupancy with a Net Operating Income (NOI) of $583,561 and a 7.00% cap rate, the property is priced at $8,336,586. The building benefits from 173 parking spaces and is zoned I-2, allowing for diverse uses. Two credit-rated tenants currently occupy the space under a multi-tenant lease agreement with a remaining term of 3.7 years, expiring August 5, 2028 (lease commencement December 12, 2019). The property's strong tenant base, including a major GSA tenant, provides stability and potential for future growth. This prime location in Oklahoma City offers significant upside potential in a thriving market. The property's size, location, and existing tenant base make it an attractive investment for those seeking a stable, high-yielding asset with significant long-term potential. The building offers approximately 14,942 square feet of additional space.

• Alternative Use

  Use

  Valuation

  Residential

  $6,933,723

  Hospitality

  $6,351,253

  Educational

  $5,284,168

  Medical

  $5,465,898

  Retail

  $8,219,817

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.424

Longitude

-97.5978

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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