2701 West California Avenue Oklahoma City, OK 73107
23,810 SF building with showroom, office, and warehouse space.
- Added:
- Mar 25, 2026
- Days on Market:
- 110
- Last Refresh:
- Jul 3 at 10:22 pm
Property Features for 2701 West California Avenue
General Information
- Standard status
- Active
- Size
- 23,810 SF
- Lot size
- 1.40 Acres
- Property subtype
- Industrial
Listing office CBRE | Oklahoma City (405) 607-6062
Listing date Mar 25, 2026
Source Cbre
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.
Key Highlights
- Favorable 120‑Month Lease with NNN structure and annual increases.
- Excellent 8.3% Cap Rate.
- Strategic Location: Half mile from I‑40, easy access to other major interstates.
Local 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 | $228.6k | $9.60 |
| − Vacancy | −$6.9k | −$0.29 |
| EGI | $221.7k | $9.31 |
| − OpEx | −$33.3k | −$1.40 |
| NOI | $188.5k | $7.92 |