717 4Th St Oklahoma City, OK 73109
- Distribution centers
- 18,500 SF
- 0.72 lot acres
Current Use by Public Records
- Thermal Solutions Manufacturing / Truck Parts Supplier
- National Cooling Products / Radiator Repair Service / Manufacturer
Property Details for 717 4Th St
- Year built
- 1980
- Lot size
- 0.72 lot acres
- Property size
- 18,500 SF
- Property type
- Distribution centers
Description
This Oklahoma City warehouse, located at 711-725 SW 4th St, offers 18,500 square feet of space in a Class C building constructed in 1980. The property sits on a 0.72-acre lot and includes 50 parking spaces. Currently, 7,800 square feet (56.76%) is leased to a single tenant under a NNN lease commencing January 1, 2022, with two years remaining and a renewal option. A 90-day termination clause provides flexibility. The building features 14-foot ceilings, a two-story concrete and masonry structure with a concrete second-floor deck, and four 8ft x 10ft drive-ins. The property consists of three interconnected structures and includes adjacent lots (excluding two corner lots), offering expansion potential. The Net Operating Income (NOI) is $63,193. The permitted zoning is I-2, allowing for versatile use, potentially including loft/creative space, office, or residential. The property's prime location, three blocks west of Scissortail Park and near the OKC Convention Center and Farmers Market District, offers significant growth potential. The owner can occupy approximately 8,000 square feet. This presents an excellent opportunity for owner-users or investors seeking a strong return on investment in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5250302
- Latitude
- 35.4614224
