Climatized Industrial
700 N Main St Lexington, OK 73051
700 N Main St, Lexington, OK, 73051
Contact for pricing
For Sale
Contact for pricing
Industrial facility with full climatization and 60 tons of air conditioning, plus 2-inch spray foam insulation.
Property Size13,715 SF
Price / SF$80.20
Days on Market61
Property Features for 700 N Main St
General Information
- Standard status
- Active
- Size
- 13,715 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing agency
Fleske Commercial Group
(405) 701-3505
Listed by
Kendra Streeter · License #OK #182589
Source
Crexi
Added: May 22 Updated: Jul 21 at 2:39AM Checked: Jul 21 at 2:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fleske Commercial Group
Investment Insights
Based on property information with market context.
This 13,715 SF industrial facility for sale is designed to support a range of industrial, warehouse, manufacturing, or service-oriented uses. The building includes full climatization supported by 60 tons of air conditioning, along with 2-inch spray foam insulation to help maintain interior climate control.
Located at 700 N Main St in Lexington, OK 73051, the property offers a warehouse-style facility configuration suited to users seeking a controlled environment for operations where temperature management matters.
Located at 700 N Main St in Lexington, OK 73051, the property offers a warehouse-style facility configuration suited to users seeking a controlled environment for operations where temperature management matters.
Key Highlights
- 13,715 SF industrial facility built in 1979
- Full climatization supported by 60 tons of air conditioning
- 2‑inch spray foam insulation for enhanced energy efficiency and interior climate control
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.6k | $5.95 |
| − Vacancy | −$4.5k | −$0.33 |
| EGI | $77.1k | $5.62 |
| − OpEx | −$11.6k | −$0.84 |
| NOI | $65.5k | $4.78 |
13,715 SF · lease $5.95/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$936.4K
$819.4K – $1.09M
NOI $65,549 @ 7.0% cap · market cap 5.96%
Second Best
Industrial
$771.2K
$674.8K – $899.7K
NOI $53,981 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $236,087 @ 7.0% cap · market cap 21.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Juice Patrol
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Kambert Storage — 225 N Main St, Lexington, OK 73051
FAQs
What type of property is this?
Warehouse - Industrial facility with full climatization and 60 tons of air conditioning, plus 2-inch spray foam insulation.
Where is this warehouse located?
The property is located at 700 N Main St Lexington, OK.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 13,715 SF industrial facility built in 1979; Full climatization supported by 60 tons of air conditioning; 2‑inch spray foam insulation for enhanced energy efficiency and interior climate control
