Single-Tenant Office
For Sale
$1,425,000
2909 Astoria Way, Edmond, OK 73034
Professional office property with dedicated parking, monument signage, and storage access in an established executive park.
Property Size6,336 SF
Price / SF$224.91
Days on Market58
Property Features for 2909 Astoria Way
General Information
Standard status
Active
Size
6,336 SF
Class
B
Total Parking Spaces
24
Property subtype
Single Tenant Office
Additional Details
Highway Access
Yes
Amenities
monument signage
overhead door access
Building Details
Building Size
6,336 SF
Year Built
2016
Buildings
1
Tenancy
Single
Properties For Sale
at 2909 Astoria Way
2909 Astoria Way
Size
6,336 SF
Lease Type
NNN
Listing Agency:
Fleske Holding Company
Listed By:
Emily Duncan Belusko · License #205976
(405) 514-5685
Source:
Thebrokerlist
Added: Aug 12
Changed: Sep 12
Last Checked: Oct 7 at 8:36AM
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 Fleske Holding Company
Investment Insights
Based on property information with market context.
This 6,336 SF office building provides a professional setting with quality office finishes and a functional interior layout. The property includes 24 parking spaces, monument signage, and overhead door access to a dedicated storage area. Built as a single-tenant office property, it offers a defined configuration for an owner-user or professional office operation.
The building is located at 2909 Astoria Way in Astoria Executive Park in Edmond, Oklahoma. Access to I-35 and the Kilpatrick Turnpike connects the property with the Oklahoma City metro. Established businesses, retail, dining, and the University of Central Oklahoma are identified in the surrounding area.
The building is located at 2909 Astoria Way in Astoria Executive Park in Edmond, Oklahoma. Access to I-35 and the Kilpatrick Turnpike connects the property with the Oklahoma City metro. Established businesses, retail, dining, and the University of Central Oklahoma are identified in the surrounding area.
Key Highlights
- 6,336 SF office building at 2909 Astoria Way
- 24 parking spaces included
- Monument signage supports property identification
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,654
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,080
$1.4M
Cap Rate 7%
$1,023,629
$1.0M
Cap Rate 9%
$796,156
$796.2K
Market Conditions
NOI Build-Up for 6,336 SF
Gross rent
$105.7K $16.68/SF
− Vacancy
−$10.1K −$1.60/SF
EGI
$95.5K $15.08/SF
− OpEx
−$23.9K −$3.77/SF
NOI
$71.7K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,080
Cap Rate 7%
$1,023,629
Cap Rate 9%
$796,156
Alternative Uses
Best Use
Office B
$1.02M
$895.7K – $1.19M
NOI $71,654 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,377 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 73034, OK
47,553
Population
18,727
Households
2.5
Avg Household Size
37
Median Age
59%
College-Educated
96%
High-School Grad
51.7 sq mi
ZIP Area
920
Density / Sq Mi
$113,296
Median Household Income
$52,163
Median Earnings
$1,203
Median Rent
$368,000
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 South region
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Frequently Asked Questions
What type of property is this?
Office building - Professional office property with dedicated parking, monument signage, and storage access in an established executive park.
Where is this office building located?
The property is located at 2909 Astoria Way Edmond, OK.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: 6,336 SF office building at 2909 Astoria Way; 24 parking spaces included; Monument signage supports property identification
