6625 Wilshire BlvdOklahoma City, OK 73132

Property Details for 6625 Wilshire Blvd

Year built

1992

Construction

STEEL FRAME

Lot size

3.41 AC

Property size (Sq ft)

32,000 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

14-450-6030

APU

144506030

Description

This exceptional investment opportunity presents a sale-leaseback of two light industrial buildings totaling 41,600 square feet, situated on a 4.21-acre lot in Oklahoma City, OK. The property comprises two single-story structures built in 1982 and 1992, offering a combined 41,600 square feet of space. Building 1 (6625 W. Wilshire Blvd) encompasses 32,000 square feet, including 5,140 square feet of office space, and features 20 parking spaces, a yard, and two 10' wide x 14' tall overhead doors. Building 2 (8022 Wilshire Ct) offers 9,600 square feet, with 1,540 square feet dedicated to office space, along with 8 parking spaces and a yard, and two overhead doors. The property benefits from a 10-year absolute net lease with a tenant occupying the space for approximately 20 years, featuring a current annual rent of $37,550, subject to a 2% annual increase. The lease includes three 10-year renewal options, ensuring long-term income stability. The current Net Operating Income (NOI) is $450,600, and the pro-forma NOI mirrors this figure. This is a truly exceptional opportunity to acquire a stable, high-performing industrial asset with minimal landlord responsibilities. The property is conveniently located near the intersection of Northwest Expressway and W Wilshire Boulevard, within a labor force population of 1,486,229. The sale is structured as a sale-leaseback transaction.

• Alternative Use

  Use

  Valuation

  Residential

  $5,411,404

  Hospitality

  $4,956,818

  Educational

  $4,124,014

  Medical

  $4,265,845

  Retail

  $6,415,133

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.552

Longitude

-97.632

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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