Renovated Historic Office
For Sale
$3,550,000
141 Northeast 13th Street, Oklahoma City, OK 73104
Two-story office property with full occupancy, recent renovations, and on-site surface parking.
Property Size9,423 SF
Price / SF$376.74
Days on Market59
Property Features for 141 Northeast 13th Street
General Information
Standard status
Active
Size
9,423 SF
Net Rentable
9,423 SF
Class
Class A
Property subtype
Office
Occupancy
100%
Building Details
Buildings
1
Stories
2
Parking Ratio
4 per 1,000 SF
Listing Agency:
CBRE | Oklahoma City
Listed By:
Amy Dunn, CCIM · License #079148
(405) 607-6021
Source:
Cbre
Added: Aug 10
Changed: Oct 3
Last Checked: Oct 5 at 4:58PM
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
Investment Insights
Based on property information with market context.
The property contains 9,423 SF of rentable office area within a two-story building that has undergone recent renovations. The improvements retain the character associated with its historical adaptation while supporting a fully leased office asset.
Located at 141 Northeast 13th Street in Oklahoma City, the building includes on-site surface parking with a stated ratio of 4:1,000 SF. The current occupancy is 100%, providing an established office configuration for an owner or investor seeking a leased commercial property.
Located at 141 Northeast 13th Street in Oklahoma City, the building includes on-site surface parking with a stated ratio of 4:1,000 SF. The current occupancy is 100%, providing an established office configuration for an owner or investor seeking a leased commercial property.
Key Highlights
- 9,423 SF of rentable office area
- Two‑story office building with recent renovations
- 100% leased occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,063
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,681,260
$2.7M
Cap Rate 7%
$1,915,186
$1.9M
Cap Rate 9%
$1,489,589
$1.5M
Market Conditions
NOI Build-Up for 9,423 SF
Gross rent
$235.2K $24.96/SF
− Vacancy
−$56.4K −$5.99/SF
EGI
$178.8K $18.97/SF
− OpEx
−$44.7K −$4.74/SF
NOI
$134.1K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,681,260
Cap Rate 7%
$1,915,186
Cap Rate 9%
$1,489,589
Alternative Uses
Best Use
Office B
$1.92M
$1.68M – $2.23M
NOI $134,063 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.22M
$2.82M – $3.76M
NOI $225,587 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,292
Businesses Nearby
Explore this area
Business Placement
Demographics for 73104, OK
3,545
Population
2,405
Households
1.5
Avg Household Size
29
Median Age
75%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
2,216
Density / Sq Mi
$69,886
Median Household Income
$59,023
Median Earnings
$1,536
Median Rent
$341,300
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
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office property with full occupancy, recent renovations, and on-site surface parking.
Where is this office building located?
The property is located at 141 Northeast 13th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: 9,423 SF of rentable office area; Two‑story office building with recent renovations; 100% leased occupancy
