5601 Pennsylvania AveOklahoma City, OK 73119

Property Details for 5601 Pennsylvania Ave

Year built

1971

Construction

TILT-UP CONCRETE

Lot size

1.98 AC

Property size (Sq ft)

32,415 SF

Property type

Retail properties

Property subtype

Strip malls

APN

05-549-1105

APU

55491105

Description

This exceptional retail investment opportunity is located at 5601 S Pennsylvania Ave, Oklahoma City, OK 73119, encompassing a substantial 12,581 square feet on a 1.22-acre lot. Built in 1953, the property boasts 52 parking spaces, providing ample convenience for customers and tenants. The asking price is $950,000, translating to a price per square foot of $75.51. This translates to a compelling 6.95% capitalization rate, based on a Net Operating Income (NOI) of $66,000. The property's prime location in Oklahoma City, within Oklahoma County, offers significant potential for growth and strong rental income. This is an ideal investment for those seeking a stable, high-yielding asset in a thriving market. The property's size and parking capacity make it suitable for a variety of retail uses, presenting a unique opportunity for investors to capitalize on the Oklahoma City market. The property's strong NOI and attractive cap rate make it a compelling investment opportunity with significant potential for long-term returns. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-located, income-producing retail property in a desirable area of Oklahoma City.

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.5266

Longitude

-97.5479

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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