Office Unit with Exposed
For Sale
Contact for pricing
12 NW 13th Street Suite 4, Oklahoma City, OK 73103
Suite 4 offers natural light, free parking, and a flexible setting for professional or wellness-oriented operations.
Property Size11,340 SF
Days on Market50
Property Features for 12 NW 13th Street Suite 4
General Information
Standard status
Active
Size
11,340 SF
Property subtype
Retail
Lease Term
MG
Amenities
Exposed brick walls
Natural light
Building Details
Building Size
11,340 SF
Year Built
1929
Tenancy
Multi
Properties For Sale
at 12 NW 13th Street Suite 4
12 NW 13th Street Suite 4
Size
1,550 SF
Type
Street Retail
Term
36 - 60 months
Listing Agency:
The Greyhound Group
Listed By:
Ian Duty-Dean · License #OK #171793
(405) 642-4677
Source:
Greyhound
Added: Aug 28
Changed: Oct 11
Last Checked: Oct 16 at 6:44AM
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 The Greyhound Group
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Investment Insights
Based on property information with market context.
Suite 4 is an office unit within The Pegasus Building, a 1929 property with exposed brick, natural light, and free parking. The space is described as move-in ready and offers an adaptable setting for a massage studio, chiropractic practice, office, or mental and physical health clinic.
The building houses 405 Yoga, Moondrake Hand Dyed Yarn, Hurt Craft Deep Tissue Therapy, and KCL Engineers, creating a varied mix of creative, wellness, and professional businesses. Located at 12 NW 13th Street in Oklahoma City, Suite 4 is positioned for an operator seeking a flexible office environment with established neighboring businesses.
The building houses 405 Yoga, Moondrake Hand Dyed Yarn, Hurt Craft Deep Tissue Therapy, and KCL Engineers, creating a varied mix of creative, wellness, and professional businesses. Located at 12 NW 13th Street in Oklahoma City, Suite 4 is positioned for an operator seeking a flexible office environment with established neighboring businesses.
Key Highlights
- Suite 4 office unit in The Pegasus Building
- 1929 building with exposed brick walls
- Natural light throughout the space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,316
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,206,320
$3.2M
Cap Rate 7%
$2,290,229
$2.3M
Cap Rate 9%
$1,781,289
$1.8M
Market Conditions
NOI Build-Up for 11,340 SF
Gross rent
$285.8K $25.20/SF
− Vacancy
−$18.6K −$1.64/SF
EGI
$267.2K $23.56/SF
− OpEx
−$106.9K −$9.42/SF
NOI
$160.3K $14.14/SF
Area
Oklahoma City, OK
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,206,320
Cap Rate 7%
$2,290,229
Cap Rate 9%
$1,781,289
Alternative Uses
Best Use
Office B
$2.30M
$2.02M – $2.69M
NOI $161,336 @ 7.0% cap · market cap 4,964.18%
Second Best
Healthcare Medical
$2.29M
$2.00M – $2.67M
NOI $160,316 @ 7.0% cap · market cap 4,932.80%
Theoretical Best
Specialty Retail
$3.88M
$3.39M – $4.52M
NOI $271,480 @ 7.0% cap · market cap 8,353.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,294
Businesses Nearby
Explore this area
Business Placement
Demographics for 73103, OK
5,046
Population
3,489
Households
1.4
Avg Household Size
34
Median Age
61%
College-Educated
99%
High-School Grad
1.2 sq mi
ZIP Area
4,205
Density / Sq Mi
$56,934
Median Household Income
$50,055
Median Earnings
$954
Median Rent
$400,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office units - Suite 4 offers natural light, free parking, and a flexible setting for professional or wellness-oriented operations.
Where is this office units located?
The property is located at 12 NW 13th Street Suite 4 Oklahoma City, OK.
What are key features of this property?
This property features: Suite 4 office unit in The Pegasus Building; 1929 building with exposed brick walls; Natural light throughout the space
