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851-867 12th Ave NE
Norman, OK 73071
Damann Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 1.5 Miles Northeast of the University of Oklahoma
- 20 Minutes South of Oklahoma City
- Norman is the 3rd Largest City in the State
EXECUTIVE SUMMARY
100% Occupied
5 Notable Tenants
NOI: $156,632.58
Walmart Shadow Center
New TPO Roof Installed in 2021
5 Notable Tenants
NOI: $156,632.58
Walmart Shadow Center
New TPO Roof Installed in 2021
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
9,316 SF
Building Class
B
Year Built
2000
Price
$1,982,576
Price Per SF
$212.81
Cap Rate
7.90%
NOI
$156,624
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.69 AC
Zoning
C-1
Parking
35 Spaces (3.76 Spaces per 1,000 SF Leased)
Frontage
108’ on 12th Ave
AMENITIES
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R0097015 | Improvements Assessment | $74,451 |
| Land Assessment | $36,000 | Total Assessment | $110,451 |
PROPERTY TAXES
Parcel Number
R0097015
Land Assessment
$36,000
Improvements Assessment
$74,451
Total Assessment
$110,451
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