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Industrial Property For Sale

RREEF Oklahoma Industrial Portfolio

3701 S Thomas Rd, Oklahoma City, OK 73179

Price:
$42,500,000
Building Size:
967,947 SF
Price/SF:
$43.91
Property Type:
Industrial
Property Sub-type:
Distribution Warehouse
Property Use Type:
Investment
Cap Rate:
7.89%
Occupancy:
97%
Tenancy:
Multiple
Find Out More...

Last Verified 10/12/2009 Listing ID 15885581

Highlights

15 Bulk and Flex Buildings in Okahoma City and Tulsa
967,947 Square Feet
97% Occupancy with 52 Tenants

$3,345,926 NOI
$42,500,000 Offering Price
7.89% Cap Rate

Description

CBRE is pleased to present qualified investors with the excellent opportunity to acquire the RREEF Oklahoma Industrial Portfolio, a 967,947 square foot portfolio of fifteen (15) institutional quality distribution/light industrial buildings.

The portfolio offers investors geographic and product-type diversity with its mix of warehouse/distribution and light industrial, each asset being the right fit within its respective market. Additionally, the average remaining lease term is 2.2 years, providing investors with significant remaining term as well as the upside from leasing the remaining vacancy.

For complete information on the RREEF Portfolio, please visit:
www.CBRE.com/RREEFOklahomaPortfolio

OKC Metropolitan Industrial:
*4601-4627 NW 3rd St
*4680 NW 3rd St/4681 NW 1st St
*201-297 N Harvard

OKC Industrial - 36th Street:
*3701 S Thomas
*3601 S Thomas

Katy Crow (Tulsa):
*5443 S 108th E Ave

Freeport Trade Center (Tulsa):
*3148 S 108th E Ave
*3158 S 108th E Ave
*3168 S 108th E Ave

Business Commons Tech Center (Tulsa):
*SET 12515 E 55th Ave
*SET 5415 S 125th E Ave
*SET 5411 S 125th E Ave
*BC 12206 E 51st St
*BC 5115 S 122nd E Ave
*BC 12211 E 52nd St

Attachments

Confidentiality & NDA Agreement(23 KB)
Executive Summary(413 KB)

Financial Summary

Actual
Net Operating Income
$3,345,926

Map of 3701 S Thomas Rd, Oklahoma City, OK 73179 (Oklahoma County)

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Brokerage Firm

CB Richard Ellis

Contact Listing Broker to find out more details.

Presented by

Request additional information

Contact Listing Broker

David Portman (405) 272-5307

Bob Pielsticker (918) 392-7268

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Created 9/9/2008

Additional Information for 3701 S Thomas Road, Oklahoma City, OK 73179

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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