5300 SE 29TH ST

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5300 SE 29TH ST

OKLAHOMA CITY, OK 73115
Asking Price
$2.02M
Cap Rate
7.9%
Asset Type
Storefront Retail
Class
Class B

What's Special

7.90% Cap Rate I Corp Guarantee | Absolute NNN Lease | Adjacent to Tinker Air Force Base <p><strong style="color: rgba(17, 17, 17, 1)"><u>Location & Lease:</u></strong></p><p><span style="color: rgba(17, 17, 17, 1)">• STRATEGIC LOCATION - Located near Sam’s Club and Walmart Supercenter.</span></p><p></p><p><span style="color: rgba(17, 17, 17, 1)">• STRONG ACCESS & VISIBILITY - Prominent frontage on 29th St (21,500 VPD) and near I-40 (58,800 VPD)</span></p><p></p><p><span style="color: rgba(17, 17, 17, 1)">• STRONG DEMOGRAPHICS - 60,856+ residents live within a 3-mile radius and 137,

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NOI
$80,000
Cap Rate
3.96%
DSCR
0.67
Underwater
Cash-on-Cash
-6.61%
Monthly Payment
$10,007.389
Annual Cash Flow
$-40,088.67

Location & Travel Times