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Yukon Angle - Multi-Use Commercial Center 1010 Garth Brooks Blvd 44,023 SF 66% Leased Retail Building Yukon, OK 73099 $4,950,000 ($112.44/SF)



Investment Highlights
- 8% cap rate based on 90% retail space occupancy & flex space 100% occupancy
- Asset offers both immediate returns & long-term potential in the fastest growing segment of OKC
- Office space has excellent potential for corporate office or executive suite/business center use
- 1st fl Retail 17,533 sf: 90% occupied; 2nd & 3rd fl Office 14,940 sf: vacant (shell condition); Flex building 11,550 sf: 100% occupied
- 2nd & 3rd flr office space only requires tenant finish for future tenants
- Located in a strategic position on the NW corner of Garth Brooks Blvd. & W. Vandament Ave.
Executive Summary
Yukon Angle is a 3-story multi-use commercial center (retail, office and flex space) consisting of 44,023 square feet (MOL) of lease space on 4.15 acres (MOL).
1st fl Retail 17,533 sf: 90% occupied; 2nd & 3rd fl Office 14,940 sf: vacant shell; Flex building 11,550 sf: 100% occupied.
8% cap rate based on 90% retail space occupancy & flex space 100% occupancy. Asset offers both immediate returns and long-term potential in the fastest growing segment of Oklahoma City.
2nd and 3rd floor office space (7,470 sf per floor, total of 14,940 sf) only requires tenant finish for future tenants. Excellent potential for corporate office or executive suite/business center use.
Dutch Bros and HTeaO are co-located as outparcels on the site.
This vibrant project is located in a strategic position on the NW corner of Garth Brooks Blvd. & W. Vandament Ave. in Yukon, OK with easy access to I-40. Vandament has been connected to the new Frisco Rd./I-40 intersection.
Walmart Supercenter, Sprouts, Walgreens, Bank of Oklahoma and numerous other retailers and restaurants are located adjacent to this intersection. Yukon and west Oklahoma City are the fastest growing segments of the metro area, per the Greater Oklahoma City Chamber of Commerce.
1st fl Retail 17,533 sf: 90% occupied; 2nd & 3rd fl Office 14,940 sf: vacant shell; Flex building 11,550 sf: 100% occupied.
8% cap rate based on 90% retail space occupancy & flex space 100% occupancy. Asset offers both immediate returns and long-term potential in the fastest growing segment of Oklahoma City.
2nd and 3rd floor office space (7,470 sf per floor, total of 14,940 sf) only requires tenant finish for future tenants. Excellent potential for corporate office or executive suite/business center use.
Dutch Bros and HTeaO are co-located as outparcels on the site.
This vibrant project is located in a strategic position on the NW corner of Garth Brooks Blvd. & W. Vandament Ave. in Yukon, OK with easy access to I-40. Vandament has been connected to the new Frisco Rd./I-40 intersection.
Walmart Supercenter, Sprouts, Walgreens, Bank of Oklahoma and numerous other retailers and restaurants are located adjacent to this intersection. Yukon and west Oklahoma City are the fastest growing segments of the metro area, per the Greater Oklahoma City Chamber of Commerce.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
44,023 SF
Building Class
B
Year Built/Renovated
1977/2018
Price
$4,950,000
Price Per SF
$112.44
Percent Leased
66%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.24
Lot Size
4.15 AC
Zoning
C-3 - General Business District
Frontage
734’ on Garth Brooks Boulevard
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 090144566 | Improvements Assessment | $403,642 |
| Land Assessment | $112,919 | Total Assessment | $516,561 |
Property Taxes
Parcel Number
090144566
Land Assessment
$112,919
Improvements Assessment
$403,642
Total Assessment
$516,561
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Yukon Angle - Multi-Use Commercial Center | 1010 Garth Brooks Blvd
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