4508 N Classen Blvd, Oklahoma City, OK
Iconic office building extensively remodeled in 2018, available for sale.
- Added:
- May 5, 2025
- Days on Market:
- 406
- Last Refresh:
- May 20 at 9:31 pm
Property Features for 4508 N Classen Blvd
General Information
- Standard status
- Active
- Size
- 4,577 SF
- Lot size
- 0.47 Acres
- Property subtype
- OFFICE
Listing agent Amy Dunn (405) 209-3656
Listing office CBRE | Oklahoma City (405) 209-3656
Listing date May 5, 2025
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 CBRE | Oklahoma City
HighLights
- Iconic office building
- Extensively remodeled in 2018
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 | $114.2k | $24.96 |
| − Vacancy | −$27.4k | −$5.99 |
| EGI | $86.8k | $18.97 |
| − OpEx | −$21.7k | −$4.74 |
| NOI | $65.1k | $14.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.5339
- Latitude
- 35.5175
