Flex/Industrial Park with Grade Level
1401-1433 Fretz Dr Edmond, OK 73003
For Sale
Contact for pricing
Multi-tenant flex/industrial park with fully climate-controlled space and grade level doors.
Property Size20,374 SF
Price / SF$115.34
Days on Market80
Property Features for 1401-1433 Fretz Dr
General Information
Standard status
Active
Size
20,374 SF
Property subtype
INDUSTRIAL
Listing Agency:
NAI RED Commercial Real Estate
(405) 313-0333
Listed By:
Amir Shams · License ##175452
(405) 313-0333
Source:
Moodyscre
Added: May 12
Changed: Jul 30
Last Checked: Jul 30 at 12:22AM
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 NAI RED Commercial Real Estate
Investment Insights
Based on property information with market context.
This flex/industrial park includes 7 units within a 20,374 SF facility. The property is fully climate controlled, with grade level doors for convenient loading and access. Exterior improvements include brick construction.
The park is currently configured with 5 tenants in place, supporting an operational, multi-tenant setup for a variety of industrial and flex users.
With multiple units, climate-controlled interiors, and grade level loading, the building offers a functional layout for tenants seeking both flexibility and practical day-to-day access.
The park is currently configured with 5 tenants in place, supporting an operational, multi-tenant setup for a variety of industrial and flex users.
With multiple units, climate-controlled interiors, and grade level loading, the building offers a functional layout for tenants seeking both flexibility and practical day-to-day access.
Key Highlights
- 20,374 SF flex/industrial park with 7 units
- Fully climate controlled
- Grade level doors
Financial Insights For Warehouse
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 | $195.6k | $9.60 |
| − Vacancy | −$14.9k | −$0.73 |
| EGI | $180.7k | $8.87 |
| − OpEx | −$27.1k | −$1.33 |
| NOI | $153.6k | $7.54 |
20,374 SF · lease $9.60/SF/yr · vacancy 7.60% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$3.63M
$3.18M – $4.24M
NOI $254,336 @ 7.0% cap · market cap 10.82%
Second Best
Warehouse
$2.19M
$1.92M – $2.56M
NOI $153,617 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$4.24M
$3.71M – $4.95M
NOI $297,047 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- HRG Catering — 505 S Blvd, Edmond, OK 73034
- Commercial Kitchen Rental — 724 W 15th St, Edmond, OK 73013
Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant flex/industrial park with fully climate-controlled space and grade level doors.
Where is this flex space located?
The property is located at 1401-1433 Fretz Dr Edmond, OK.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 20,374 SF flex/industrial park with 7 units; Fully climate controlled; Grade level doors
