5700 N Portland Ave

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5700 N Portland Ave

Oklahoma City, OK 73179
Asking Price
$4.07M
Cap Rate
7.5%
Asset Type
Medical Office Office
Class
Class B

What's Special

Office | 8.00% CAP | 37,914 SqFt <ul><li>​82% occupied</li><li>​8.00% cap rate</li><li>​$325,757 NOI</li><li>​$107 price / SF</li><li>​Prime North Oklahoma City location - Directly on N Portland Ave just south of Northwest Expressway</li><li>​Interstate access - Minutes to I-44 providing excellent access throughout the Oklahoma City metro</li><li>​Medical corridor - Located near Integris Baptist Medical Center in a strong medical & professional office hub</li><li>​STABLE MEDICAL & OFFICE TENANCY</li><li>​IMMEDIATE LEASE-UP OPPO

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NOI
$80,000
Cap Rate
1.97%
DSCR
0.33
Underwater
Cash-on-Cash
-13.24%
Monthly Payment
$20,136.139
Annual Cash Flow
$-161,633.672

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