Highwater Circle Business Park Listing Details & Market Data

Lee & Associates National Investment Services Group, (NISG) is pleased to present the opportunity to acquire the Fee Simple interest in Highwater Circle Business Park located at Waterloo and Highwater Circle, Edmond, OK 73034, (“The Property”). The property consists of a 5.8-acre site improved with 7 warehouse / flex buildings comprising a total of 59,050 RSF. The property is currently 100% occupied and has a projected NOI of $903,092 for calendar year 2024. The property is strategically located North of Oklahoma City in Edmond, OK less than a mile off state route I-35 which is the main thoroughfare running North & South connecting Oklahoma City with the Northern suburbs and beyond. The Edmond, OK submarket is rapidly growing, benefiting from significant population growth and a multitude of new retail and residential developments. The property was built in 2008 and was fully renovated in 2020. Renovations include new roofs, façade improvements and upgraded mechanical, electrical and HVAC systems. Highwater Circle Business Park is a unique opportunity to acquire high quality warehouse / flex space in a growing submarket priced well below replacement cost with a predictable and durable passive income stream with minimal lessor responsibilities. Call for offers set November 21, 2023 at 5:00pm EST.