EDC HQ, Hilti Corporate Campus & Carusoe Industries
Keen-Summit Capital Partners LLC & McGraw Commercial Properties is pleased to present an exceptional investment opportunity – a premier +/- 402,255 sq. ft. office and industrial campus, spanning across 37.25 acres. This strategically located property is poised for long-term success, boasting a secure income stream with three esteemed Tenants who fully occupied the campus.
5404 S 122nd E Ave, Tulsa, OK
Property Highlights:
- Total SF: 402,255 SF+/-
- Total Land Area: 37.25 Acres +/-
- Number of Buildings/Stories: 1 Building / 3 Stories
- Year Built / Renovated: 1979 / 2020
- Occupancy at Sale: 100% Occupied
- Zoning: IL (Industrial Light)
- Flood Zone: Zone X
- Ceiling Height: 20′-26′
- Power Supply: 480v, 3 phase
- Warehouse/Office SF: 268,170 SF +/- of Warehouse | 134,085 SF +/- of Office
- Sprinkler System: 100% 4″ West System Hydraulically Calculated, insures that each sprinkler head deliveres minimum rate of flow as needed.
- Construction: Double-T concrete construction, high end brick veneer and glass office exterior. Built in 1979, including renovations to Hilti’s space in 2020 totaling $16M.
Investment Highlights:
- Cap Rate: 9.5%
- Proforma NOI: $3,355,867.20
- Hilti Corporation: $8.20/SF + NNN with 2% annual increases
- Carusoe Industries: $9.05/SF + NNN with 3% annual increases in base rent
- Educational Development Corporation: $8.00/SF + NNN with 2% annual increases in base rent
