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3400 N Kelley Ave 8,970 SF Retail Building Oklahoma City, OK 73111 $1,000,051 ($111.49/SF) 7.85% Cap Rate



Investment Highlights
- 2006 Built to Suit Construction for Family Dollar
- 10-mile population of ±627,951 residents
- Upgraded stucco construction (no metal sides)
- 5-mile population of ±148,304 residents
- Oklahoma City is the largest city in Oklahoma
- Extremely strong Rent-to-Sales ratio of 3.54%- contact agent for more details
Executive Summary
Broker of Record
Kyle Matthews
License No. 180759 (OK)
(866) 889-0550
Matthews Real Estate
1600 West End Avenue,
Suite 1500
Kyle Matthews
License No. 180759 (OK)
(866) 889-0550
Matthews Real Estate
1600 West End Avenue,
Suite 1500
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,970 SF
Building Class
B
Year Built
2006
Price
$1,000,051
Price Per SF
$111.49
Cap Rate
7.85%
NOI
$78,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.95 AC
Opportunity Zone
Yes
Zoning
SPUD-379 - SPUD (SIMPLIFIED PLANNED UNIT DEVELOPMENT) DISTRICT.
Parking
30 Spaces (3.34 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Jul 2031
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Triple Net | Jul 2031 |
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 035398685 | Improvements Assessment | $68,019 |
| Land Assessment | $13,033 | Total Assessment | $81,052 |
Property Taxes
Parcel Number
035398685
Land Assessment
$13,033
Improvements Assessment
$68,019
Total Assessment
$81,052
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3400 N Kelley Ave
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