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Damann Plaza 851-867 12th Ave NE 9,316 SF 100% Leased Retail Building Norman, OK 73071 $2,697,314 CAD ($289.54 CAD/SF) 7.90% Cap Rate
Investment Highlights
- 1.5 Miles Northeast of the University of Oklahoma
- 20 Minutes South of Oklahoma City
- Norman is the 3rd Largest City in the State
Executive Summary
5 Notable Tenants
NOI: $156,632.58
Walmart Shadow Center
New TPO Roof Installed in 2021
Property Facts
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Beanstalk Coffee and Sno
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- Finance and Insurance
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State Farm began in 1922 when G.J. Mecherle founded the business in central Illinois as an auto insurance company built around fairness for farmers and other drivers. The company has since grown into a mutual insurer that offers auto, home, renters, life, health, and business coverage, along with financial services and claims support. State Farm’s public materials describe a long-running focus on helping customers manage everyday risks, recover from unexpected events, and plan for the future. Recent company reporting also shows a broad market presence across insurance and related services, with a wide network of agent offices serving millions of policies and accounts.
- The Palace
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Beanstalk Coffee and Sno | - | - | - | - | ||
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Finance and Insurance | - | - | - | ||
| The Palace | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R0097015 | Improvements Assessment | $115,951 CAD |
| Land Assessment | $42,264 CAD | Total Assessment | $158,215 CAD |
Property Taxes
Presented by
Damann Plaza | 851-867 12th Ave NE
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