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    Updated Office Building with Long-Term Tenant Title is generated by Realmo AI

    1624 SW 122nd Street, Oklahoma City, OK 73170

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    For Sale
    $1,625,000

    Recently updated office building currently leased to a long-term national tenant.

    Type:Office
    Property size:
    9,122 SF
    Price / SF:
    $178/SF
    Added:
    May 26, 2026
    Days on Market:
    23
    Last Refresh:
    Jun 14 at 1:42 am

    Property Features for 1624 SW 122nd Street

    General Information

    Standard status
    Active
    Size
    9,122 SF
    Property subtype
    Office

    Building Details

    Year Built
    2005

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    Listing Contact
    Keller Williams Summit

    Listing agent Keller Williams Summit

    Listing office

    Listing date May 26, 2026

    Source Xome

    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 Keller Williams Summit

    HighLights

    • Office building built in 2005
    • Recently updated in April 2026
    • Currently leased to a long‑term national tenant
    • Heating: 3
    • No pool

    Overview

    This office building was recently updated in April 2026 and is presented as a low-maintenance asset. It is currently occupied by a national tenant under a long-term lease, creating an in-place, operating-ready setup for an owner looking for stability.

    The property is located at 1624 SW 122nd Street in Oklahoma City, OK 73170. The offering also notes a coordinated purchase option with 1630–1634 SW 122nd, which may be useful for buyers evaluating a multi-parcel acquisition strategy.

    For prospective buyers, this configuration may appeal as an office asset with documented recent updates and an existing long-term tenant. For tenants and brokers, the building’s single current occupancy arrangement can also simplify discussions around space usage and operational continuity, given the property’s stated low-maintenance nature.

    Local Financial Insights For Office B

    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 $197.0k $21.60
    − Vacancy −$47.3k −$5.18
    EGI $149.7k $16.42
    − OpEx −$37.4k −$4.10
    NOI $112.3k $12.31
    9,122 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.60M
    $1.40M – $1.87M (±1% cap)
    NOI $112,310 @ 7.0% cap · market cap 6.91%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $3.71M
    $3.25M – $4.33M (±1% cap)
    NOI $259,717 @ 7.0% cap · market cap 15.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Frank Wesnidge, Keller ... Real Estate Agency LaKesha Anglin, Real ... Real Estate Agency Mory Richardson Real ... Real Estate Agency Martha Avens, REALTOR ... Real Estate Agency Andrew French Realtor ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.5461557
    Latitude
    35.3460967

    FAQs

    What type of property is this?
    Office building - Recently updated office building currently leased to a long-term national tenant.
    Where is this office building located?
    The property is located at 1624 SW 122nd Street Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $1,625,000.
    What are key features of this property?
    This property features: Office building built in 2005; Recently updated in April 2026; Currently leased to a long‑term national tenant
    More about this property
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