Portland Square

Oklahoma City,
OK

PROPERTY INFORMATION

PRICE SUMMARY

$ 1685705

CAP RATE

8.75 %

NOI

$ 147500

TOTAL LOT SIZE

2.83 Acres

BUILDING SIZE 

35550 SF

PROPERTY HIGHLIGHTS

  • 100% Occupied 7-Unit Portland Square Center With $7.56 Average Annual Rent PSF
  • Priced Well Below Replacement Cost at $47/PSF
  • Corner Lot at a Signalized Intersection With Combined Traffic Counts of 27,000+ Vehicles Passing by Daily
  • Large 2.83-Acre Parcel With Multiple Entry Points and Easy Access From Interstate-44
  • Densely Populated Area, Over 220K Residents Within 5 Miles of the Property
  • Just Minutes From the University of Oklahoma and Oklahoma State University, With a Combined Student Population of 61,000+
  • Situated Around Several Retail Tenants, Schools, and Apartments, Generating Additional Traffic to the Area
  • Located 5 Miles From Downtown Oklahoma City - the Capital and Most Populous City in Oklahoma

Portland Square

|

3641 NW 23rd St,

Oklahoma City,

OK

73107

In cooperation with Brian Brockman at Bang Realty-Oklahoma Inc | OK #177814 | bor@bangrealty.com | (513) 898-1551

INTERESTED IN THIS PROPERTY?

Real Estate Brokerage
Built On Real Relationships


Our results speak for themselves. Our clients speak for us. We’d prefer to talk about you.