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1222 W 3rd St
Elk City, OK 73644
Sherwin-Williams · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,283 SF
Year Built
1960
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.32 AC
Zoning
C1
Frontage
100’ on 3rd St
About 1222 W 3RD ST , ELK CITY, OK 73644
Extremely Rare Rent Increases – 18.84% Rental Increase in Year 6, then 10% Every 5 Years in Options Ideal 1031 Candidate – 9.75 years left on the lease offers investors long-term cash flow High-Quality Construction – Stone and block exterior ease landlord’s responsibilities Low Rent/SF – Tenant is only paying $6.36/SF Low Replacement Cost – Price/SF is just above $100 Strong Commitment to Location – Tenant recently extended the lease out to 10 years
Property Taxes
| Parcel Number | 0115-00-015-009-0-000-00 | Improvements Assessment | $42,576 |
| Land Assessment | $5,040 | Total Assessment | $47,616 |
Property Taxes
Parcel Number
0115-00-015-009-0-000-00
Land Assessment
$5,040
Improvements Assessment
$42,576
Total Assessment
$47,616
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