Log In/Sign Up
Your email has been sent.
Sovereign Technology Center 1231 Sovereign Row 39,085 SF 100% Leased Flex Building Oklahoma City, OK 73108 $2,900,000 ($74.20/SF) 7.80% Cap Rate
EXECUTIVE SUMMARY
Price Edwards is pleased to bring this property to the investment market. With a 94% occupancy on 16 units, this is a stabilized asset just S of I-40 off of S. Meridian Ave. A mix between full office spaces as well as flex bays with warehouse and office, this site offers a diversified opportunity in a corridor that has proven to be historically occupied. An in place 7.8% Cap Rate with diversified tenant pool. For full rent roll, please contact Danny or Andrew.
PROPERTY FACTS
| Price | $2,900,000 | Lot Size | 2.30 AC |
| Price Per SF | $74.20 | Rentable Building Area | 39,085 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.80% | Year Built/Renovated | 1985/2022 |
| Property Type | Flex | Parking Ratio | 5.26/1,000 SF |
| Property Subtype | Flex Research & Development | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Zoning | I-2 - moderate industrial | ||
| Price | $2,900,000 |
| Price Per SF | $74.20 |
| Sale Type | Investment |
| Cap Rate | 7.80% |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Lot Size | 2.30 AC |
| Rentable Building Area | 39,085 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2022 |
| Parking Ratio | 5.26/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | I-2 - moderate industrial |
AMENITIES
- 24 Hour Access
- Bus Line
- Reception
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Home Maid Better
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Home Maid Better | - | - | - | Lorem Ipsum | Jan 0000 |
1 1
PROPERTY TAXES
| Parcel Number | 149884000 | Improvements Assessment | $192,276 |
| Land Assessment | $19,504 | Total Assessment | $211,780 |
PROPERTY TAXES
Parcel Number
149884000
Land Assessment
$19,504
Improvements Assessment
$192,276
Total Assessment
$211,780
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
