Alameda - Shell Structure

1485 Alameda St Norman, OK 73071

1485 Alameda St, Norman, OK, 73071
1485 Alameda St, Norman, OK, 73071
FOR SALE
Property Type:
Street Retail
Amount:
$1,020,500
Last Verified:
Jun 18, 2024

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Highlights

  • NOI $79,410.00
  • CAP Rate 7.75%
  • 5-Year NNN Lease in place with Chaos Factor

Description

Explore a remarkable investment opportunity with this newly renovated retail property located at 1485 Alameda St. With a 5-year NNN lease in place with strong area tenant Chaos Factory, this opportunity boasts high visibility and accessibility on Alameda. Annual rent increases and a 7.75% CAP.

A prime retail center location in the heart of Norman. Situated on the southwest corner of Alamada St it enjoys high visibility and constant foot and vehicular traffic. Located off of the busy 12th St thoroughfare, this retail has proximity to walkable residential, national and regional chains, including KFC, McDonald's, Homeland, Cain's, Chick-fil-A, and Walgreen's.


Year Built: 2003
Building Size: 7941sq ft
Lot Size: 0.54 acres


Documents

Sale Brochure (L)

Map of 1485 Alameda St, Norman, OK, 73071

Presented by:
Fleske Holding Company

Request additional information
Nick Tyler


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