Investment Property-Industrial Distribution Building For Sale-5421 SW 29th Street

Sales Price: $1,500,000

100% Occupied

Cap Rate: 8.79%

5421 SW 29th Street, Oklahoma City, OK 73179

20,280 SF on 2.45 Acres MOL

  • This 20,280 SF Facility was Originally Built for Airborne Express and Subsequently Used by DHL as a Hub Transit Facility. Currently Occupied by a Landscape/Product Distributor, the Current NOI is $131,844.00. The Sales Price is $1,500,000.00 Yielding a Cap Rate of 8.79%.  The Current Lease Expires August 31, 2025 and there is a 5-Year Option to Extend
  • (20) Grade Level Doors & (2) Dock High Doors
  • 3,000 SF Office
  • 14’ Ceiling Height
  • Sprinklered
  • 200 Amp/240 Volt/3 Phase Power
  • Fenced Yard for Trailer Storage
  • Concrete Parking Area
  • Aero Meridian Industrial Area
  • Frontage: 164’ on S.W. 29th Street
  • 1 Mile from I-44 Corridor
  • 3 Miles from Will Rogers World Airport
  • Located on the N.W. Corner of S.W. 29th Street & S. Purdue

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Listing Agent(s)