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317 NE 31st St 74,049 SF 100% Leased Industrial Building Oklahoma City, OK 73105 $5,100,000 ($68.87/SF) 7.52% Cap Rate
INVESTMENT HIGHLIGHTS
- New TPO roof installed in 2025
- 247 car parks (205 fenced)
- 2 acres fenced & paved
- 6,600 SF wash bay
EXECUTIVE SUMMARY
Newmark Robinson Park is pleased to present the opportunity to purchase this 100% NNN leased, multi-tenant property located at 317 NE 31st St., Oklahoma City, OK in the Santa Fe Industrial submarket.
PROPERTY FACTS
| Price | $5,100,000 | Rentable Building Area | 74,049 SF |
| Price Per SF | $68.87 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1961/1970 |
| Cap Rate | 7.52% | Parking Ratio | 3.34/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 6 |
| Building Class | B | No. Drive In / Grade-Level Doors | 13 |
| Lot Size | 4.70 AC | ||
| Zoning | I-2 | ||
| Price | $5,100,000 |
| Price Per SF | $68.87 |
| Sale Type | Investment |
| Cap Rate | 7.52% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 4.70 AC |
| Rentable Building Area | 74,049 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1961/1970 |
| Parking Ratio | 3.34/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 13 |
| Zoning | I-2 |
AMENITIES
- Fenced Lot
- Signage
- Air Conditioning
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
OCK's next biggest marijuana cultivation facility. Bringing the best of the best to OKC.
- Morgan Services Co. LLC
- Transportation and Warehousing
- -
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Exoticus | Agriculture, Forestry, Fishing and Hunting | - | - | Triple Net | - | |
| Morgan Services Co. LLC | Transportation and Warehousing | - | - | Triple Net | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $250,077 | |
| Land Assessment | $35,923 | Total Assessment | $286,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$35,923
Improvements Assessment
$250,077
Total Assessment
$286,000
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