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Warehouse

Winsupply Anchored Industrial Investment

813 S Perkins Rd, Stillwater, OK 74074

Listing Price: $2,750,000

Cap Rate
6.80%
Gross SF
24,000
Price/Gross SF
$114.58
Lot Size
1.63 acres
Year Built
2008
Rentable SF
24,000

Investment Overview

-Industrial Property in Excellent Condition- -Constructed in 2008 for Winsupply as a Relocation Store Due to the Need for a Larger Building -Well-Maintained Property with Excellent Curb Appeal -Strong Exposure on South Perkins Road with Traffic Counts Exceeding 14,000 Cars Per Day | Located Just Minutes from Oklahoma State University -100% Occupied | Strong Tenancy History- -Anchored by Winsupply – Known as “The Winsupply Family of Companies,” is a Privately Held Company that has Collective Sales of $5.5 Billion among 630 Wholesaling Locations in 45 States -Winsupply has Occupied the Subject Property Since 2008 and has Consistently Renewed Their Lease, Proving Their Commitment to this Location -P&D Auto Hail Center has 5 Locations in both Texas and Oklahoma -Pride of Ownership Property in Stillwater, OK- -Stillwater’s Unique Submarket has Limited Properties with Industrial Zoning, Resulting in Extreme Demand and the Ability to Command Higher Rents for Industrial Space -Dense, Infill Area with Over 50,000 Residents within 5 Miles of the Subject Property -Stillwater is Home to the Main Campus of Oklahoma State University (The City's Largest Employer with Over 10,000 Employed) as well as Northern Oklahoma College, Meridian Technology Center, and the Oklahoma Department of Career and Technology Education

Investment Highlights

  • Winsupply is a Leading Supplier of Residential and Commercial Construction and Industrial Supplies with Revenues Exceeding $5 Billion
  • Offered at a 6.80% Cap | Winsupply Annual Rent/SF of Just $6.68 (More than 50% Below Market Rent)
  • Pride of Ownership Property in Stillwater, OK – Stillwater is Home to the Main Campus of Oklahoma State University (Over 25,000 Students), as well as Northern Oklahoma College Over 2,000 Students)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Warehouse

Winsupply Anchored Industrial Investment

Listing Price: $2,750,000

Cap Rate
6.80%
Gross SF
24,000
Price/Gross SF
$114.58
Lot Size
1.63 acres
Year Built
2008
Rentable SF
24,000

Investment Highlights

  • Winsupply is a Leading Supplier of Residential and Commercial Construction and Industrial Supplies with Revenues Exceeding $5 Billion
  • Offered at a 6.80% Cap | Winsupply Annual Rent/SF of Just $6.68 (More than 50% Below Market Rent)
  • Pride of Ownership Property in Stillwater, OK – Stillwater is Home to the Main Campus of Oklahoma State University (Over 25,000 Students), as well as Northern Oklahoma College Over 2,000 Students)

Investment Overview

-Industrial Property in Excellent Condition- -Constructed in 2008 for Winsupply as a Relocation Store Due to the Need for a Larger Building -Well-Maintained Property with Excellent Curb Appeal -Strong Exposure on South Perkins Road with Traffic Counts Exceeding 14,000 Cars Per Day | Located Just Minutes from Oklahoma State University -100% Occupied | Strong Tenancy History- -Anchored by Winsupply – Known as “The Winsupply Family of Companies,” is a Privately Held Company that has Collective Sales of $5.5 Billion among 630 Wholesaling Locations in 45 States -Winsupply has Occupied the Subject Property Since 2008 and has Consistently Renewed Their Lease, Proving Their Commitment to this Location -P&D Auto Hail Center has 5 Locations in both Texas and Oklahoma -Pride of Ownership Property in Stillwater, OK- -Stillwater’s Unique Submarket has Limited Properties with Industrial Zoning, Resulting in Extreme Demand and the Ability to Command Higher Rents for Industrial Space -Dense, Infill Area with Over 50,000 Residents within 5 Miles of the Subject Property -Stillwater is Home to the Main Campus of Oklahoma State University (The City's Largest Employer with Over 10,000 Employed) as well as Northern Oklahoma College, Meridian Technology Center, and the Oklahoma Department of Career and Technology Education

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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