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6901 W Okmulgee Ln 9,785 sq ft 100% Let Industrial Property Muskogee, OK 74401 £497,478 (£50.84/sq ft) 13.42% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Secured Private Wareyard. Property located just outside of City Limits
  • Security - Electronic Keypad Entry - Barbed Wire Gated Surround - Cameras Exterior & Interior
  • Multiple uses for the space. Storage, Distribution, Maintenance, etc.
  • 3 Acre Lot - Room for Expansion - Owner is GC and can work with Tenant on expansion if needed.
  • 3 Phase Electrical Hook Ups - 3 Ton Crane for 1/2 of the Warehouse
  • Access to multiple Highways. Close to Tulsa.

EXECUTIVE SUMMARY

SECURED PROPERTY - GATED ACCESS + CAMERA SYSTEM
WAREYARD
100% Leased NNN - Single Tenant
Monthly Base Rent = $5,884.13
CAM Monthly = $1,557.56
7,0000 SF Wahrehouse:
-3 Overhead Doors @ 12'Wx14'H.
-Insulated. HVAC. Security Cameras and Security Fence with Access Code.
-(5) 3-Phase Hook-ups
-4 Offices + Conference Room
-3-ton Crane Operation in half the building.
-Mezzanine Storage built up on the West side wall.
2,785 SF Brick Building:
-Luma Surveillance system with 23 fixed HD cameras and 3 HD PTZ cameras.
-PTZ cameras have enhanced features for tracking people/vehicles. System can handle up to 32 cameras in total.
-The office building has an access control system that controls the electronic locks on all outside doors and some internal areas.
-Door access is granted using RFID based proximity cards.
-Floor Drain
-New HVAC
NOTE: 888 SF "Paint Building" equipped with Electrical (NOT INCLUDED IN THE SF LISTED)
SELLERS CAN BUILD TO SUIT FOR EXPANSION

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER sq ft
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual -
Annual Per sq ft -
Other Income
Annual -
Annual Per sq ft -
Vacancy Loss
Annual -
Annual Per sq ft -
Effective Gross Income
Annual -
Annual Per sq ft -
Net Operating Income
Annual $99,999
Annual Per sq ft $9.99

PROPERTY FACTS

Price £497,478
Price per sq ft £50.84
Sale Type Investment or Owner Occupier
Yield 13.42%
Property Type Industrial
Property Subtype
Warehouse
  • Vehicle Repair Garage
  • Industrial Distribution Warehouse
  • Light Industrial Distribution Warehouses
Costar Property Class C
Total Plot Size 3.00 ac
Net Internal Area (NIA) 9,785 sq ft
No. Floors 1
Year Built 1970
Eaves Height 19 ft
No. Drive In / Grade-Level Doors 3
Use Class CI

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Floor Drains
  • Security System
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE TYPE
  • LEASE END
  • Cummings Electrical
  • Utilities
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE TYPE LEASE END
Cummings Electrical Utilities - $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
44786
Land Assessment
£2,026
Improvements Assessment
£16,375
Total Assessment
£18,401
  • Listing ID: 31556223

  • Date on Market: 19/04/2024

  • Last Updated:

  • Address: 6901 W Okmulgee Ln, Muskogee, OK 74401

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