333 n portland oklahoma city, ok 73107

InterWest Realty is a registered trade name of InterWest Properties, Inc.Disclaimer: The above information is from reliable sources, but not guaranteed and is being offered subject to errors, omissions, previous sale, change in price and withdrawal without notice. 1

GEORGE W HUFFMANC: 405.409.4400O: [email protected]

INTERWEST REALTY7101 N Robinson Ave

Oklahoma City, OK 73116

OFFERING SUMMARY

Sale Price: $1,075,000

Cap Rate: 7.91%

NOI: $85,020

Lot Size: 1.0 Acres

Year Built: 1976

Building Size: 13,080 SF

Renovated: 2008

Zoning: I-2

Price / SF: $82.19

Enjoy the ease of ownership with this Single Tenant NNN office/warehouse/yard Property that you as owner/investor can manage with little or no timeinvolvement. The current tenant has made substantial investment in upgradingand customizing the Property for their use and appears to be long termwhereby they renewed their initial 3-year lease for 5 additional years runningthrough November 30, 2022.

The building contains 13,080 SF (approx. 3,760 SF office and 9,320 SFwarehouse) with 13 updated offices, conference room, two bathrooms, kitchen,in floor hydraulic lift to accommodate semi unloading, skylights, large fenced inyard, ample electrical, new insulated roof within the past five years. While thisProperty is ideal for the current tenant and it is believed that they will extendbeyond the five year lease extension, it could easily be converted for manyother tenants as is or as retail showroom/distribution due to its PortlandFrontage and close by proximity to Mathis Brothers, Bob Mills, Factory DirectFurniture, Suburban and Dane Design -- to mention a few.

Other amenities include a lighted exterior site sign on Portland, generousparking both front and back of structure. Complete renovation and update in asnew condition in 2008 with upgraded bathrooms, kitchen, new carpet & tile,accent wall colors, new ceiling tiles, etc; as shown on attached photos.

Directions are easy fronting on Portland north of Reno with 5 minute access toI-40 & I-44 and only 4.5 miles from Will Rogers World Airport.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

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FOR SALE333 N Portland






POPULATION 1 MILE 5 MILES 10 MILES

Total population 4,393 232,528 615,340

Median age 33.0 32.9 35.0

Median age (male) 33.3 32.5 33.9

Median age (Female) 31.9 33.7 36.1

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

Total households 1,762 91,734 246,934

# of persons per HH 2.5 2.5 2.5

Average HH income $37,438 $45,458 $55,941

Average house value $66,866 $120,949 $147,437

* Demographic data derived from 2010 US Census



333 n portland oklahoma city, ok 73107

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