Classic Tudor Medical Office
For Sale
Contact for pricing
1601 Health Center Pkwy, Yukon, OK 73099
Stonegate Office Park offers custom-interior medical, surgical, and professional center space with a Classic Tudor exterior design.
Property Size3,000 SF
Price / SF$300
Days on Market317
Property Features for 1601 Health Center Pkwy
General Information
Standard status
Active
Size
3,000 SF
Property subtype
OFFICE
Building Details
Construction
Classic Tudor
Listing Agency:
CBRE | Oklahoma City
(405) 272-5300
Listed By:
Amy Dunn · License #079148
(405) 209-3656
Source:
Moodyscre
Added: Nov 4, 2025
Changed: Sep 15
Last Checked: Sep 15 at 6:54AM
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.
Stonegate Office Park presents a medical office space concept with a Classic Tudor exterior design and an interior layout intended to allow for customizations to fit your needs. The offering is approximately 3,000 square feet.
Located at 1601 Health Center Pkwy in Yukon, OK 73099, the property is positioned for medical use, including freestanding surgical and/or professional centers.
The design approach emphasizes flexibility inside the building while maintaining a cohesive Classic Tudor look on the exterior, supporting a range of medical-adjacent office configurations.
Located at 1601 Health Center Pkwy in Yukon, OK 73099, the property is positioned for medical use, including freestanding surgical and/or professional centers.
The design approach emphasizes flexibility inside the building while maintaining a cohesive Classic Tudor look on the exterior, supporting a range of medical-adjacent office configurations.
Key Highlights
- Approximately 3,000 SF medical office space
- Classic Tudor exterior design
- Interior designed to allow for customizations
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
$38,993
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
4.33%
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%
$779,860
$779.9K
Cap Rate 7%
$557,043
$557.0K
Cap Rate 9%
$433,256
$433.3K
Market Conditions
NOI Build-Up for 3,000 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
$58.0K $19.32/SF
− Vacancy
−$6.0K −$1.99/SF
EGI
$52.0K $17.33/SF
− OpEx
−$13.0K −$4.33/SF
NOI
$39.0K $13.00/SF
Area
Canadian County, OK
Vacancy
10.30%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
25.00%
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%
$779,860
Cap Rate 7%
$557,043
Cap Rate 9%
$433,256
Alternative Uses
Best Use
Office B
$557.0K
$487.4K – $649.9K
NOI $38,993 @ 7.0% cap · market cap 4.33%
Second Best
Healthcare Medical
$445.6K
$389.9K – $519.9K
NOI $31,194 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$653.2K
$571.6K – $762.1K
NOI $45,725 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73099, OK
83,213
Population
32,654
Households
2.5
Avg Household Size
35
Median Age
35%
College-Educated
94%
High-School Grad
124.7 sq mi
ZIP Area
667
Density / Sq Mi
$86,198
Median Household Income
$46,490
Median Earnings
$1,255
Median Rent
$229,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Banfield Pet Hospital — 1648 Garth Brooks Blvd, Yukon, OK 73099
Frequently Asked Questions
What type of property is this?
Medical Office Space - Stonegate Office Park offers custom-interior medical, surgical, and professional center space with a Classic Tudor exterior design.
Where is this medical office space located?
The property is located at 1601 Health Center Pkwy Yukon, OK.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 3,000 SF medical office space; Classic Tudor exterior design; Interior designed to allow for customizations
