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6240 E. 15th Street
Tulsa, OK 74112
Asking Price
$2.06M
Asset Type
Flex Industrial
Class
Class B
What's Special
Industrial | 15,400 SqFt <ul><li>Five separately deeded industrial condo units — buy one, several, or the full building at $2,058,000</li><li>Unit pricing from $130/SF — Unit 1 (4,200 SF) at $130/SF ($546,000), Units 2–5 (2,800 SF each) at $135/SF ($378,000 each)</li><li>Owner-user ready with demising walls at closing, several units pre-equipped with heaters, one 14'×14' drive-in door per unit</li><li>Low carry cost — taxes transfer to buyers at closing, projected NNN of +/- $1.29–$1.50/SF, far below comparable leas
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NOI
$80,000
Cap Rate
3.89%
DSCR
0.65
Underwater
Cash-on-Cash
-6.83%
Monthly Payment
$10,181.861
Annual Cash Flow
$-42,182.333
