Retail Investment Teams Sells Single-Tenant NNN On The Border Ground Lease for $1,150,000

Price Edwards & Company is pleased to announce the sale of On the Border ground lease at Towne South Plaza.  This property is a retail restaurant located in the heart of south Oklahoma City.  The building sits on 1.56 acres of land and was built in 2006.

Price:  $1,150,000

CAP:  8.57%

Seller:  Rosewood Ventures, LLC

Property Address:  544 W. I-240 Service Road, Oklahoma City

Building Size:  5,275 Sq Ft

Land Size:  1.56 Acres

Closing Date:  August 8th, 2012

Paul Ravencraft and Phillilp Mazaheri, specialists in Price Edwards & Company's Investment Division, acted as transaction brokers.