1103 E Choctaw Street Chickasha, OK 73018
Industrial
MLS #: 2604528
Courtesy Of Keller Williams Realty Ardmore
Property InformationDescription
Exceptional investment opportunity to acquire a stabilized, high-utility industrial asset with direct frontage on E Choctaw and convenient, quick access to I-44. This sale is for the real estate only; the business is not included. The property consists of a prime 4.25-acre site that is 100% occupied by a specialized energy sector tenant with a Triple Net (NNN) lease secured through October 14, 2029. This "hands-off" asset provides a reliable annual net income, with the tenant responsible for taxes, insurance, and maintenance. The 11,000 sq. ft. facility includes a 5,000 sq. ft. storefront with six offices and a 6,000 sq. ft. distribution warehouse. Key features include 20-foot warehouse clear heights, multiple oversized overhead doors up to 16x20, septic system replaced in 2019, and a secured, gated yard with new perimeter fencing. This is an ideal addition to any portfolio, offering passive income from a long-term tenant in a high-demand sector.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: All that part of the SE/4 NE/4 of Section 27, Township 7 North, Range 7 West of the I.M., Grady County, Oklahoma, described as follows: Beginning at a point 2170 feet South and 1845 feet East of the NW/C of NE/4 of Section 27, and point being on the North right-of-way line of U.S. Highway 62 and 277, thence East along said North right-of-way line a distance of 150 feet, thence North 660 feet, thence West parallel to the North right-of way line of said Highway 330 feet, thence South 475 feet, thence East 180 feet, thence South 185 feet to the point of beginning.
- MLSID: 2604528
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