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Historic Landmark - Investment Property

Listed by Jim Swezey

This listing has been viewed 3162 times







Property Type: Professional Office Space
Price Notes: Cap Rate: 8.9%
Address: 501 E. Frank Phillips Blvd.
Area: Just east of downtown
City: Bartlesville
State: OK
Zip: 74003
Size: 21,212 Gross Sq. Ft.
Price: $1,200,000
Status: FOR SALE
Land Size: 34,630 square feet
Features:
  • Former Washington County Court House, converted to desirable lease space
  • Recent lease renewal for the high quality anchor tenant (80% of building)
  • 95% occupancy or above for several years; 18,095 Rentable Square Feet
  • Total renovation in the late 1970's; most tenant space was updated in 2000
  • On-site parking & drop-off circle included; visible & recognizable location
  • Many upgrades on mechanical equipment and systems in recent years
  • Close to dining, medical, shopping and many services in the revitalized area

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Agent Info

Listed by: Jim Swezey | Contact Agent
Phone: 918-336-2244 | | Info: Broker, Owner of Swezey Realty Services