Each 2,056-square-foot unit caters to diverse business needs
Convenient access to Interstate 235, less than half a mile away
Two units leased at market rates; two offer month-to-month flexibility for an Owner/User opportunity
Climate-controlled offices with AC for tenant comfort
Each unit features one overhead door for convenient access
Ample parking space with 20 parking spots available
Description
This well-maintained and locally managed industrial property also known as Fretz Industrial Condominium Park was constructed in 2003, offering 8,225 SF of space. With a metal/concrete tilt construction, it comprises four tenant units, each at 2,056 SF. This property presents an exceptional opportunity for investors seeking a well-positioned industrial property in the vibrant city of Edmond.
Nestled on a spacious lot spanning 23,000 square feet, this property enjoys a prime location at the intersection of 15th St and Fretz Ave, with convenient access to Broadway Ext / I-235, less than half a mile away. Zoned as E-2 Open Display Commercial, it offers versatile options for a wide range of business pursuits. It also involves high traffic counts with 18,929 vehicles passing by on 15th St. daily.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
