9800 219 Ave Broken Arrow, OK 74014
This exceptional investment opportunity presents a 47,000-square-foot industrial manufacturing facility in Broken Arrow, Oklahoma. The property, located at 9800 S 219th E Ave, boasts a 100% occupancy rate with Auto-Turn Manufacturing under a 12-year absolute NNN lease, commencing March 10, 2022, and expiring March 10, 2034. With 9.3 years remaining on the primary lease term and a 10-year option, this asset offers significant long-term stability. The lease includes annual rent increases of 2.25%, providing inflation-resistant cash flow. The property features a 6.25% cap rate and a net operating income (NOI) of $270,579, with an asking price of $4,329,265 ($92.11 per square foot). The building comprises 3,500 square feet of office space and 43,500 square feet of warehouse space, featuring 20-foot clear height and four grade-level loading areas. Situated on a 3-acre lot, the property benefits from excellent access to Highway 51, experiencing over 24,100 vehicles per day. The surrounding area demonstrates strong demographics, with over 83,744 residents within a 5-mile radius and an average household income exceeding $116,633 within a 1-mile radius. This presents a rare opportunity to acquire a secure, low-maintenance industrial asset with substantial long-term growth potential. The property's APN is 251204-000010-000000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.