Las Palmas | 3,266 SF

Las Palmas | 2916 SW 59th St, Oklahoma City, OK

Located adjacent to the hard corner of SW 59th and S May Ave, Spark Properties is pleased to present 2916 SW 59th. Leased to Las Palmas LLC on a 5 year NN lease with 3.5% annual increases.The property is advantageously located 0.5 miles from I-44 (120,000 VPD) on a signalized hard corner with over 35,000 VPD with multiple national retailers nearby (Casey's, Subway, AutoZone, Planet Fitness, Family Dollar). Across the street is the brand new $6,600,000 Almonte Library. This property is located under 10 minutes from Will Rogers International Airport, Amazon Warehouse Oklahoma City and Oklahoma City Community College (19,688 students).

  • Sale type | Investment

  • Price | $1,066,000

  • Cap Rate | 6.75%

  • Price/SF | $326

  • NOI | $72,000

 

Abullah Ashraf