3401 W Rock Creek Rd, Norman, OK 73072
Marcus & Millichap is proud to present this luxurious, modern income property located in the growing Norman, Oklahoma area. This property is currently set up as a multi-tenant office building with several smaller tenants. Five of the tenants are owners of the building and leasing back after the sale for three years. Many of the remaining tenants are in growing businesses and have asked to increase their square footage when space becomes available.
The Net Operating Income at 100 percent occupancy based on the current rates is $91,171. The Sellers will sign a new three year lease at closing for each space they currently lease to guarantee the rent for the first three years of new ownership. Sellers reserve the right to sublease this space should their space needs change during this three year lease guarantee. Buyer's will have the right to approve new tenants after the sale.
Marcus & Millichap is proud to present this luxurious, modern income property located in the growing Norman, Oklahoma area. This property is currently set up as a multi-tenant office building with several smaller tenants. Five of the tenants are owners of the building and leasing back after the sale for three years. Many of the remaining tenants are in growing businesses and have asked to increase their square footage when space becomes available.
The Net Operating Income at 100 percent occupancy based on the current rates is $91,171. The Sellers will sign a new three year lease at closing for each space they currently lease to guarantee the rent for the first three years of new ownership. Sellers reserve the right to sublease this space should their space needs change during this three year lease guarantee. Buyer's will have the right to approve new tenants after the sale.
