industrial facility for lease - loopnet · 2017-10-23 · office area: dock/drive in: parking...
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SVN | Land Run Commercial | 114 NW 6th Street, Suite 206, Oklahoma City, OK 73102 LEASE BROCHURE
INDUSTRIALFACILITY FORLEASE1720 NATIONAL DRIVEMIDWEST CITY, OK 73110
Andrew Hwang, [email protected]
OFFERING SUMMARY
Lease Rate: $2.25 - 8.50 SF/yr
(NNN)
Lot Size: 14.52 Acres
Building Size: 103,222 SF
Renovated: 2017
Zoning: I-2
This manufacturing facility is comprised of nearly 16,000 sf of office and 87,000 sf of warehouse/manufacturing spaceand sits on 14.52 acres. It is located within 2 miles of I-40 and Tinker Air Force Base. Recent renovations include: roofing,guttering, parking lots, exterior paint, landscaping, and demolition in the warehouse.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Below market rent
• Surplus land can be used expansion and/or outdoor storage
• Less than 2 miles from Tinker Air Force Base
• Easy access to I-40 and I-35
• 20' ceilings
• 250+/- parking spaces
• Fenced lot
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 2
Executive Summary
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 3
2017 RECENT RENOVATIONS
• Exterior paint
• Newly surfaced and striped asphalt
• Landscaping
• Guttering
• Roofing
• Warehouse demolition
Property Name: Industrial Facility For Lease
Property Address: 1720 National Drive, Midwest City, OK 73110
Property Type: Industrial/Manufacturing
APN: 150359000
Lot Size: 14.52 AC
Building Total Size: 103,222 SF
Office Size: 15,790 SF
Warehouse Size: 87,432 SF
Zoning: I-2
Year Built: 1969
Number of Stories: 1
Construction Type: Steel/Masonry
Power: 3 Phase 6,000+ amp
Parking Spaces: 250+/-
Property Details & Highlights
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 4
LEASE RATE: $2.25 - $8.50 SF/YR TOTAL SPACE: 15,790 - 103,222 SF
LEASE TYPE: NNN LEASE TERM: 36 - 120 months
SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) TERM COMMENTS
Zone 1 - Office Office $2.25 - $8.50 SF/yr NNN 15,790 SF 36-120 months
Zone 2 - Warehouse Manufacturing $2.25 - $3.50 SF/yr NNN 43,807 SF 36-120 months
Zone 3 - Warehouse Manufacturing $2.25 - $3.50 SF/yr NNN 23,991 SF 36-120 months
Zone 4 - Warehouse Manufacturing $2.25 - $3.50 SF/yr NNN 19,634 SF 36-120 months
Available Spaces
Location Maps
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 5
Industrial Facility For Lease
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 6
Aerial Map
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 7
POPULATION 1 MILE 3 MILES 5 MILES
Total population 6,272 55,514 108,990
Median age 35.5 34.9 35.0
Median age (male) 33.5 33.5 33.8
Median age (Female) 38.5 36.5 36.2
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 2,706 23,124 44,097
# of persons per HH 2.3 2.4 2.5
Average HH income $52,054 $50,666 $51,752
Average house value $146,622 $111,290 $98,944
* Demographic data derived from 2010 US Census
Demographics Map
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 8
Retailer Map
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 9
Floor Plans
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 10
Floor Plans
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 11
Site Plan
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 12
Office Renderings
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 13
Office Renderings
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 14
Office Renderings
Oklahoma City, OK 73112 - West Ind Submarket
105,292 SF Industrial Lease Signed Jun 2017 for $4.50 Triple Net (Asking)
4000 NW 39th St - 1st Floor Direct
1
Asking Rent: Start Date: Free Rent: Deal Type: Property Type:
Starting Rent: Term: Escalations: On Market: Building Area:
Effective Rent: Exp. Date: TI Allowance: Build-Out: Built/Renov:
Leasing Rep: Landlord:
Tenant Rep: Tenant SIC:
Lease Notes:
$4.50/NNN Dec 2017 New Lease Industrial Class C
3 Mos 152,092 SF
1960/
Caliber Property Group - Robin O'Grady Richard C Labarthe
ID# 130630271
Office Area: Dock/Drive In: Parking Ratio: 1.67/1,000 SF
Oklahoma City, OK 73127 - West Ind Submarket
107,100 SF Industrial Lease Signed Apr 2017 for $4.50 Triple Net (Asking)
4680 NW 3rd St - 1st Floor Direct, Leased by Pratt Corrugated Holdings, Inc
2
Asking Rent: Start Date: Free Rent: Deal Type: Property Type:
Starting Rent: Term: Escalations: On Market: Building Area:
Effective Rent: Exp. Date: TI Allowance: Build-Out: Built/Renov:
Leasing Rep: Landlord:
Tenant Rep: Tenant SIC:
Lease Notes:
$4.00-$4.50/NNN May 2017 New Lease Industrial Class C
1 Mo 151,200 SF
1974/
Newmark Grubb Levy Strange Beffort - Brett Price, CCIM, SIOR, Kris Davis, SIOR Merit Realcorp
ID# 129369861
Office Area: Dock/Drive In: Parking Ratio: 0.23/1,000 SF
Oklahoma City, OK 73129 - Southeast Ind Submarket
131,400 SF Industrial Lease Signed Oct 2016 for $3.00 Triple Net (Asking)
3312 S I 35 Service Rd - 1st Floor Direct, Leased by AAR Corp.
3
Asking Rent: Start Date: Free Rent: Deal Type: Property Type:
Starting Rent: Term: Escalations: On Market: Building Area:
Effective Rent: Exp. Date: TI Allowance: Build-Out: Built/Renov:
Leasing Rep: Landlord:
Tenant Rep: Tenant SIC:
Lease Notes:
$3.00/NNN Oct 2016 New Lease Industrial Class A
4 Mos 300,000 SF
2015/
Newmark Grubb Levy Strange Beffort - Kris Davis, SIOR, Brett Price, CCIM, SIOR W Harvey Sparkman Llc
Aircraft Parts And Equip
ID# 126339241
Office Area: 7,000 SF Dock/Drive In: Parking Ratio:
Lease Comparables
Copyrighted report licensed to SVN Land Run Commerical - 687452.Page 1Page 1
114 NW 6th Street, Suite 206Oklahoma City, OK 73102T 405.772.7255C [email protected] #170740
PROFESSIONAL BACKGROUND
Andrew Hwang is an Investment Property Advisor with SVN Land Run and an Of Counsel Real Estate Attorney withRiggs, Abney, Neal, Turpen, Orbison & Lewis.
He is a member of the Oklahoma Bar Association, Urban Land Institute, Commercial Real Estate Council, InternationalCouncil of Shopping Centers. and serves as the President of the University of Michigan-OKC Alumni Association.
Andrew received his Bachelor of Arts in Economics at the University of Michigan-Ann Arbor and his Juris Doctor at theUniversity of Oklahoma College of Law.
EDUCATION
University of Oklahoma College of Law, Juris DoctorUniversity of Michigan-Ann Arbor, BA Economics
MEMBERSHIPS & AFFILIATIONS
Oklahoma Bar AssociationUrban Land InstituteCommercial Real Estate CouncilInternational Council of Shopping CenterThe Mentoring Project - MentorAwesome Foundation - TrusteeUniversity of Michigan OKC Alumni Association - PresidentUniversity of Michigan OKC Scholarship Committee - Chairman
ANDREW HWANG, ESQ
Advisor
INDUSTRIAL FACILITY FOR LEASE | 1720 NATIONAL DRIVE, MIDWEST CITY, OK 73110 SVN | Land Run Commercial | Page 16
Advisor Bio & Contact