608 Eubanks St Oklahoma City, OK 73105
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Oklahoma City NNN Investment, 7.27% Cap Rate
Property size:
1,710 SFProperty Features for 608 Eubanks St
General Information
- Property type
- Office Properties & Spaces
- Square Feet
- 1,710 SF
- Class
- B
Building Details
- Year Built/Renovated
- 1935/2020
- Buildings
- 1
- Stories
- 1
Listing Agency: Blackstone Commercial Prop Adv Listing Agent: David Bohanon
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 1,710 square foot executive office building, located at 608 E Eubanks Street in Oklahoma City, Oklahoma, presents a compelling net lease investment opportunity. The property, built in 1935 and extensively renovated in 2020, boasts a single-tenant occupancy and a strong 7.27% cap rate, promising significant returns for investors. The asking price is $450,000, translating to $263.16 per square foot. The property is classified as Class B and features a single-story building on a single lot (APN 038755880). The current lease is a triple-net (NNN) lease with a single tenant and an expiration date of December 2028. Situated in Oklahoma City, near the intersection of 36th and Lincoln Avenue, this property benefits from a strategic location within a thriving commercial market. This is a turnkey investment opportunity with a proven track record and significant upside potential. The property's excellent condition, combined with its attractive financial metrics, makes it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable Oklahoma City location. Don't miss out on this chance to secure a strong, stable investment with a high cap rate.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.502784840559
- Latitude
- 35.506861291469
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FAQs
What type of property is this?
Office Property / Space - Oklahoma City NNN Investment, 7.27% Cap Rate
Where is this office property / space located?
The property is located at 608 Eubanks St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,710 SF executive office building in Oklahoma City, OK, offering a net lease investment opportunity.; $450,000 asking price, $263.16/SF, 7.27% cap rate.; Class B, single-story building on a single lot (APN 038755880), built in 1935, renovated in 2020.
