Upstairs Office
New
For Sale
Contact for pricing
15136 Traditions Boulevard Unit 10, Edmond, OK 73013
The shared building offers a conference room, kitchen area, waiting area, two bathrooms, and a parking lot.
Property Size1,362 SF
Days on Market6
Property Features for 15136 Traditions Boulevard Unit 10
General Information
Standard status
Active
Size
1,362 SF
Property subtype
Office
Additional Details
Floor
Upstairs
Highway Access
Yes
Property Use
Office
Amenities
conference room
two bathrooms
kitchen area
waiting area
Building Details
Building Size
1,362 SF
Year Built
2017
Listing Agency:
Metro Brokers of Oklahoma
Listed By:
Kathleen Forrest
(405) 476-9600
Source:
Stetsonbentley
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 31 at 12:16AM
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 Metro Brokers of Oklahoma
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This upstairs office unit is part of a 2017 office building. The space is available for a tenant to configure for its business needs. Shared building amenities include a conference room available by appointment, a kitchen area, a waiting area, two bathrooms, and a parking lot.
The property is off Santa Fe and NW 150th, with access to the Turnpike.
The property is off Santa Fe and NW 150th, with access to the Turnpike.
Key Highlights
- Upstairs office space in a building completed in 2017
- Conference room available by appointment
- Shared kitchen and waiting area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,403
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,060
$308.1K
Cap Rate 7%
$220,043
$220.0K
Cap Rate 9%
$171,144
$171.1K
Market Conditions
NOI Build-Up for 1,362 SF
Gross rent
$22.7K $16.68/SF
− Vacancy
−$2.2K −$1.60/SF
EGI
$20.5K $15.08/SF
− OpEx
−$5.1K −$3.77/SF
NOI
$15.4K $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%
$308,060
Cap Rate 7%
$220,043
Cap Rate 9%
$171,144
Alternative Uses
Best Use
Office B
$220.0K
$192.5K – $256.7K
NOI $15,403 @ 7.0% cap · market cap 4,400.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$283.7K
$248.2K – $331.0K
NOI $19,858 @ 7.0% cap · market cap 5,673.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Explore this area
Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The shared building offers a conference room, kitchen area, waiting area, two bathrooms, and a parking lot.
Where is this office unit located?
The property is located at 15136 Traditions Boulevard Unit 10 Edmond, OK.
What are key features of this property?
This property features: Upstairs office space in a building completed in 2017; Conference room available by appointment; Shared kitchen and waiting area
