4345 North Lincoln Boulevard

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4345 North Lincoln Boulevard

Oklahoma City, OK 73105
Asking Price
$23.73M
Cap Rate
8%
Asset Type
Traditional Office Office
Class
Class B

What's Special

8 Year Base Lease Term with 10 Years of Options | State of Oklahoma Guarantee <p><strong>State of Oklahoma Guarantee</strong></p><p>Backed by the State of Oklahoma, the tenant carries an AA+ credit rating from S&P and Fitch.</p><p></p><p><strong>Significant Renovation Investment</strong></p><p>Over $8,000,000 in Direct Tenant Improvements Funded by StateBacked by the State of Oklahoma, the tenant carries an AA+ credit rating from S&P and Fitch.</p><p></p><p><strong>Critical Location</strong></p><p>Tenant Required by Law to be within 5-mile Radius of State Capitol Building

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NOI
$80,000
Cap Rate
0.34%
DSCR
0.06
Underwater
Cash-on-Cash
-18.67%
Monthly Payment
$117,378.355
Annual Cash Flow
$-1,328,540.262

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