Agree Limited Partnership Acquires Retail Property In Oklahoma City For $10M
790 Southeast 19th Street, Oklahoma City, Oklahoma 73129, United States
$10,000,000
$185/SF
Building Size
53,872 SF
Asset Type
Retail
Closing
Mar 28, 2022
AI
The retail property located at 790 SW 19th St. in Oklahoma City has been sold in a closed transaction. The property spans 53,872 square feet and was sold for a price of $10 million, resulting in a price per square foot of $185.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $10,000,000
- Square Footage: 53,872
- Price per Square Foot: $185
- Date of Sale: 03/29/2022
- Market: Oklahoma City
The buyer of the property is Agree Limited Partnership, while the seller is BleuCiel Oklahoma LLC. The transaction was facilitated by Chris Tramontano from SRS Real Estate Partners representing the buyer and seller.
Oklahoma City Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93