1702 N Commerce Street , C

Description

8% CAP Rate on a completely remodeled Commercial Property with a Triple-Net Lease through Late 2024. The property is situated on the I-35 Corridor in Ardmore Oklahoma, halfway between OKC and Dallas. Sharing a corner and traffic light with Walmart, this is one of the most traveled stretches in the region. The building is surrounded by dining, retail, and professional services in a fast growing community. Ardmore has several large employers including Michelin, Valero, Dollar General, Best Buy, and Mercy Hospital. More business are locating to Ardmore every year including major retailers like Academy Sports. A variety of new restaurants, chains, retailers, mobile providers, wellness clinics, and supporting services have also been added in the past two years. This building is fresh off a a complete remodel with new paint, trim, lighting, signage, exterior paint, and modernized contemporary accents. The parking lot has even been upgraded with AstroTurf to keep a nice look year round.