2017-2021 S Elm Pl, Broken Arrow, OK
Office space for sale, conveniently located and fully leased.
- Added:
- Nov 13, 2024
- Days on Market:
- 578
- Last Refresh:
- May 19 at 9:31 pm
Property Features for 2017-2021 S Elm Pl
General Information
- Standard status
- Active
- Size
- 11,040 SF
- Lot size
- 0.86 Acres
- Property subtype
- OFFICE
Listing agent Mike Lester (918) 284-0700
Listing office Samson Commercial Real Estate Services (918) 284-0700
Listing date Nov 13, 2024
Source Moodyscre
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 Samson Commercial Real Estate Services
HighLights
- Fully Leased investment opportunity.
- Conveniently located between BA Expressway and Creek Turnpike.
- ±11,040 sf of office space across two buildings.
- Features 9 office suites ranging from ±428 sf to ±2,282 sf.
- Parking lot recently crack filled, sealed, and striped.
- Less than a mile from New Orleans Square retail center.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.2k | $20.04 |
| − Vacancy | −$48.7k | −$4.41 |
| EGI | $172.6k | $15.63 |
| − OpEx | −$43.1k | −$3.91 |
| NOI | $129.4k | $11.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Broken Arrow
- County
- Wagoner
- State
- Oklahoma
- Longitude
- -95.7974
- Latitude
- 36.029
