Contact Us
PAUL RAVENCRAFT
pravencraft@priceedwards.com
Office: 405.239.1220
Mobile: 405.226.5467
GEORGE WILLIAMS
gwilliams@priceedwards.com
Office: 405.239.1270
Mobile: 405.657.7800
Retail Property For Sale
- Sale Price: $5,290,000
- Building Size: 10,851 SF
- Lot Size: 2.622 Acres
- Price / SF: $487.51
- Cap Rate: (Projected) 4.75%
- NOI: $251,049
- Year Built: 1960
- Renovated: 2010
- Zoning: Commercial
- Market: Oklahoma CIty
- Metro
- Submarket: Nichols Hills
Property Overview
The former Hideaway (6,216 sf) and West Buildings (4,635 sf) are two separate buildings located on the east border of Nichols Hills. Though the two buildings are presently vacant, each have had long term leasing success that should continue. Many local investors will find these well thought of assets very attractive for their portfolio. These properties also come with a half acre lot for development.
Property Highlights
Excellent long term Investment
Iconic location
Located 1 mile from Hwy 77 and Interstate 44
Located less than half a mile from new Ellison Hotel and Event Center
Great local demographics
Upscale Neighborhood
Parking ratios 13.07 per 1000