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1-20-2932 Nw 122nd St, Oklahoma City, OK 73114
Office suites for lease feature reception areas, private offices, breakroom/storage, and private restrooms.
Property Size16,879 SF
Price / SF$0.00
Days on Market122
Property Features for 1-20-2932 Nw 122nd St
General Information
Standard status
Active
Size
16,879 SF
Listing Agency:
RE/MAX Preferred
(405) 751-4848
Listed By:
Kelsey Gilbert · License #159426
(405) 323-6552
Source:
Exprealty
Added: Jun 18
Changed: Oct 7
Last Checked: Oct 16 at 12:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Preferred
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This historically high-occupancy office property offers multiple suites currently available for lease. Suite sizes range from approximately 800 SF to 1,800 SF, with layouts designed for day-to-day professional use.
The 800 SF suites include a reception area, two private offices, a breakroom/storage area, and a private restroom. Larger suites provide a similar configuration, with the 1,000 SF options adding additional private office space along with breakroom/storage and a private restroom.
Flexible suite sizes and functional interior layouts support a range of office configurations. Contact the listing agent for current availability and lease rates.
The 800 SF suites include a reception area, two private offices, a breakroom/storage area, and a private restroom. Larger suites provide a similar configuration, with the 1,000 SF options adding additional private office space along with breakroom/storage and a private restroom.
Flexible suite sizes and functional interior layouts support a range of office configurations. Contact the listing agent for current availability and lease rates.
Key Highlights
- Office suites for lease with reception areas, private offices, breakroom/storage, and private restrooms
- Multiple suites available, ranging from approximately 800 SF to 1,800 SF
- 800 SF suites include reception, two private offices, breakroom/storage, and a private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$240,141
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,802,820
$4.8M
Cap Rate 7%
$3,430,586
$3.4M
Cap Rate 9%
$2,668,233
$2.7M
Market Conditions
NOI Build-Up for 16,879 SF
Gross rent
$421.3K $24.96/SF
− Vacancy
−$101.1K −$5.99/SF
EGI
$320.2K $18.97/SF
− OpEx
−$80.0K −$4.74/SF
NOI
$240.1K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,802,820
Cap Rate 7%
$3,430,586
Cap Rate 9%
$2,668,233
Alternative Uses
Best Use
Office B
$3.43M
$3.00M – $4.00M
NOI $240,141 @ 7.0% cap · market cap 1,334,116.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.77M
$5.05M – $6.73M
NOI $404,083 @ 7.0% cap · market cap 2,244,905.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 73114, OK
18,694
Population
9,311
Households
2
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
9.5 sq mi
ZIP Area
1,968
Density / Sq Mi
$52,592
Median Household Income
$35,931
Median Earnings
$1,135
Median Rent
$134,100
Median Home Value
Market
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office units - Office suites for lease feature reception areas, private offices, breakroom/storage, and private restrooms.
Where is this office units located?
The property is located at 1-20-2932 Nw 122nd St Oklahoma City, OK.
What are key features of this property?
This property features: Office suites for lease with reception areas, private offices, breakroom/storage, and private restrooms; Multiple suites available, ranging from approximately 800 SF to 1,800 SF; 800 SF suites include reception, two private offices, breakroom/storage, and a private restroom
