7624 N Broadway Ext
Oklahoma City, OK 73116
Bureau Propriété À vendre

7624 Broadway Extension offers investors a fully leased mixed-use asset located along Oklahoma City’s Broadway Extension corridor. This property includes 3,920 square feet of functional office and warehouse space within two conjoined buildings, constructed in 1963 and 1985. Zoned I-2, the site supports a broad range of industrial and commercial uses, enhancing long-term appeal.
The investment is underpinned by a triple-net lease delivering an annual NOI of $60,000 at a 7.06% cap rate, with the current term extending through October 2028. The lease features below-market rental rates, suggesting strong potential for future income growth at renewal or repositioning. Buyers gain a stable income stream with no landlord maintenance responsibility during the remaining lease period.
Located in a rapidly expanding submarket of Oklahoma City, the property benefits from exceptional visibility and accessibility along U.S. Highway 77 (Broadway Extension), with direct proximity to major thoroughfares connecting downtown and surrounding business districts. With continued economic development and strong regional infrastructure, this property offers predictable cash flow today and strategic upside for the future.