Oklahoma City Collision Repair
For Sale
Contact for pricing
12501 N Pennsylvania Ave, Oklahoma City, OK 73120
Collision repair center in a busy Oklahoma City neighborhood.
Property Size16,100 SF
Price / SF$284.42
Days on Market173
Property Features for 12501 N Pennsylvania Ave
General Information
Standard status
Active
Size
16,100 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$274,752
Building Details
Year Built
2022
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Brockman Group
(303) 668-4930
Listed By:
Jules Hochman · License #ER 04002671
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Aug 11 at 7:43PM
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 Brockman Group
Investment Insights
Based on property information with market context.
The property at 12501 N Pennsylvania Ave in Oklahoma City, OK 73120 is a collision repair center. It is situated in a busy northern Oklahoma City neighborhood with access from major roads. The center provides collision repair, paintwork, and restoration services. The property is known for delivering auto body services to drivers following accidents, dents, or vehicle damage. The center aims to return vehicles to their pre-accident condition or better. The shop has professional, knowledgeable technicians and focuses on customer service, including communication and coordination with insurance providers. The property is 16100 square feet.
Key Highlights
- High‑quality auto body repair services for accidents, dents, and vehicle damage.
- Well‑reviewed collision repair center with a strong reputation.
- Convenient location in a busy northern Oklahoma City neighborhood with easy access from major roads.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$226,453
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,529,060
$4.5M
Cap Rate 7%
$3,235,043
$3.2M
Cap Rate 9%
$2,516,144
$2.5M
Market Conditions
NOI Build-Up for 16,100 SF
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.
Gross rent
$353.6K $21.96/SF
− Vacancy
−$30.1K −$1.87/SF
EGI
$323.5K $20.09/SF
− OpEx
−$97.1K −$6.03/SF
NOI
$226.5K $14.07/SF
Area
ZIP 73120
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,529,060
Cap Rate 7%
$3,235,043
Cap Rate 9%
$2,516,144
Alternative Uses
Best Use
Retail
$3.24M
$2.83M – $3.77M
NOI $226,453 @ 7.0% cap · market cap 4.95%
Second Best
Industrial
$1.52M
$1.33M – $1.77M
NOI $106,217 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$3.88M
$3.39M – $4.52M
NOI $271,253 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
160k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 95%
Shops & Services 5%
McDonald's
Dining
22,202 visits/mo
0.3 miles
Whataburger
Dining
21,917 visits/mo
0.4 miles
Starbucks
Dining
21,601 visits/mo
0.3 miles
SONIC Drive In
Dining
12,317 visits/mo
0.2 miles
Taco Bell
Dining
11,759 visits/mo
0.2 miles
Demographics for 73120, OK
36,530
Population
20,356
Households
1.8
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
11.0 sq mi
ZIP Area
3,321
Density / Sq Mi
$62,942
Median Household Income
$45,333
Median Earnings
$1,045
Median Rent
$227,600
Median Home Value
Market
Vacancy Rate% for Retail in Oklahoma City, OK
Questions? Ask Rey
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Similar Off Market Nearby
- Brake Plus — 2000 NW 122nd St, Oklahoma City, OK 73120
- Walmart Auto Care Centers — 2000 W Memorial Rd, Oklahoma City, OK 73134
- Caliber Collision — 12501 N Pennsylvania Ave, Oklahoma City, OK 73120
- guinevere store — 2410 W Memorial Rd Ste C654, Oklahoma City, OK 73134
Frequently Asked Questions
What type of property is this?
Auto shop - Collision repair center in a busy Oklahoma City neighborhood.
Where is this auto shop located?
The property is located at 12501 N Pennsylvania Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $4,579,200.
What are key features of this property?
This property features: High‑quality auto body repair services for accidents, dents, and vehicle damage.; Well‑reviewed collision repair center with a strong reputation.; Convenient location in a busy northern Oklahoma City neighborhood with easy access from major roads.
