NE 38th Terrace Industrial/Office Portfolio

210 & 220 Northeast 38th Terrace Oklahoma City, OK 73105

210 & 220 Northeast 38th Terrace, Oklahoma City, OK, 73105
210 & 220 Northeast 38th Terrace, Oklahoma City, OK, 73105 210 & 220 Northeast 38th Terrace, Oklahoma City, OK, 73105 210 & 220 Northeast 38th Terrace, Oklahoma City, OK, 73105 210 & 220 Northeast 38th Terrace, Oklahoma City, OK, 73105 210 & 220 Northeast 38th Terrace, Oklahoma City, OK, 73105
FOR SALE
Property Type:
Industrial
Amount:
$975,000
Last Verified:
May 09, 2024

Highlights

  • Thriving Industrial Area
  • Easy Access
  • Great Mixed-Use Properties

Description

Industrial/Office Property Portfolio in NE OKC:
Located on NE 38th Terrace, this property portfolio presents a value-add investment opportunity in NE Oklahoma City. Comprising two buildings suitable for both industrial and office use, this portfolio is ideally positioned for businesses seeking versatile spaces in a solid industrial zone.

Key Features:
1. Location: Situated on NE 38th Terrace, these buildings offer easy access to major highways and transportation hubs, enhancing connectivity for businesses and clients alike.
2. Mixed-Use Potential: Currently built out primarily as offices, these buildings offer flexibility for a variety of uses, catering to the diverse needs of tenants or investors.
3. Abundant Parking: With ample parking available between the three buildings, accommodating staff, clients, and visitors is hassle-free, ensuring convenience and accessibility.
4. Strong Industrial Area: Nestled within a robust industrial district, these properties benefit from the surrounding business ecosystem, fostering growth and opportunity for tenants.
5. Investment Opportunity: Whether you're expanding your portfolio or seeking a strategic investment to add value to without a ground-up project, this property portfolio promises lucrative returns and long-term value appreciation.

Building Size Specifications:

- 210 NE 38th Terrace: 7,184 SF
- 220 NE 38th Terrace: 6,300 SF

Contact John or Daniel at LaGree today for more information!

Situated in close proximity to major transportation arteries, including highways and rail lines, the industrial zone around this block of NE 38th Terrace enjoys unparalleled accessibility, facilitating seamless movement of goods and materials. Supported by a skilled labor force drawn from the surrounding communities, businesses in the area benefit from a robust talent pool equipped with the expertise necessary to drive productivity and innovation. The surrounding industrial area offers boundless opportunities, making it an attractive destination for businesses.

Building Size: 13484sq ft
Lot Size: 0.87 acres

Map of 210 & 220 Northeast 38th Terrace, Oklahoma City, OK, 73105

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What are Real Estate Incentives?

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.