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House Oklahoma City (United States)by annonceur international

HouseOklahoma City (United States)
Price :
$3,675,000
land1,314

Stabilized Mixed-Use NNN Investment Midtown Oklahoma City

916 NW 6th Street is a ±14,336 SF, two-story mixed-use asset fully renovated in 2016 (originally built 1961) and 100% leased on an absolute NNN basis to a curated roster of established Midtown tenants: Sunnyside Diner, Rev Mex (both Shared Plate Hospitality), and WorkFlow boutique office. The asset delivers passive, stabilized cash flow from day one with minimal near-term capital exposure.

Investment Highlights:

• 100% leased on absolute NNN leases - no landlord operating expense exposure
• Full 2016 renovation - major building systems, envelope, and interiors brought to current standards
• Irreplaceable Midtown location adjacent to SSM Health St. Anthony Hospital
• Curated, complementary tenant mix driving cross-traffic across day-parts
• Contractual annual rent escalations with mark-to-market upside at natural roll
• 90 on-site parking spaces

Location:

Midtown OKC is one of the Southern Plains&39; most dynamic urban submarkets, anchored by St. Anthony Hospital and defined by dense daytime population, walkability to Downtown and the Oklahoma Health Center, and continued growth in multifamily, adaptive-reuse office, and independent retail. The NW 6th Street corridor has become a proven destination for hospitality and lifestyle tenants.
Offered at $3,675,000 7% Cap Rate $257,451 NOI

Full rent roll, lease abstracts, and financials available under CA. Contact David Kolb, Common Good Development, LLC, for the complete offering package.
Advertiser reference : 115985184Le Figaro Properties reference : 102598621

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House Oklahoma City (United States)

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