Property summary
This exceptional investment opportunity presents a two-unit office portfolio totaling 36,928 square feet in Oklahoma City's vibrant downtown area. The property boasts a prime location at 1131 and 1141 W Sheridan Ave, zip code 73106, situated on a 0.9-acre lot. Both units are currently 100% occupied under net leases with over nine years remaining on each lease, ensuring long-term stability and predictable cash flow. The leases include rent escalators, providing a hedge against inflation and operating expense increases. The strong tenant commitment is further evidenced by a government tenant's option to expand into available space at existing rates. The property's location benefits from significant growth potential within a developing area of Oklahoma City. An undeveloped parcel of land, used as a parking lot, is included in the tenant agreements. The portfolio offers a compelling 8.00% cap rate and a net operating income (NOI) of $463,253, with an asking price of $5,790,663. The property is classified as Creative, Executive, and Traditional office space, making it suitable for a diverse range of tenants. Detailed financial information, including the rent schedule and NOI breakdown, is available upon request. This is a rare opportunity to acquire a high-performing, stable investment in a rapidly growing market.
Property profile
VerifiedCap rate & NOI
Current use
-
Government Office
-
Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight