For Sale
$5,194,600
6900 May AveOklahoma City, OK 73116
High-yield retail investment, 8.75% cap rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- $5,194,600 asking price for this 49,436 square foot shopping center.
- 8.75% cap rate with a current NOI of $454,531.
- 78% occupancy, offering significant value-add potential.
- Located on a 3.74-acre lot in Oklahoma City, OK, with excellent access.
- Below-market rents and below replacement cost at $105 per square foot.
Property Details for 6900 May Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 49,436 SF
- Year Built
- 1981
- Lot Size (sq. ft)
- 162,914 SF
Location Insight
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Latitude
- 35.5409197
- Longitude
- -97.5651386
6900 May Ave, Oklahoma City, Oklahoma
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