Modern Office and Medical
4207 W Memorial Rd Oklahoma City, OK 73134
For Sale
Contact for pricing
Modern office building constructed in 2015, positioned for exterior signage and suitable for office or medical use.
Property Size18,860 SF
Price / SF$225.34
Days on Market325
Property Features for 4207 W Memorial Rd
General Information
Standard status
Active
Size
18,860 SF
Property subtype
OFFICE
Listing Agency:
Price Edwards and Company - Oklahoma City
(405) 250-0693
Listed By:
Phillip Mazaheri · License #151105
(405) 250-0693
Source:
Moodyscre
Added: Sep 8, 2025
Changed: Jul 27
Last Checked: Jul 29 at 2:59PM
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 Price Edwards and Company - Oklahoma City
Investment Insights
Based on property information with market context.
This modern building was constructed in 2015 and is designed for contemporary office and medical use. The exterior offers prominent signage opportunities, supporting branding and tenant visibility.
The property is strategically positioned on Kilpatrick Turnpike, providing high levels of exterior visibility for prospective clients and customers.
For sale as a dedicated office/medical facility, the building’s layout and improvements align with professional service requirements for either office operations or medical-focused uses.
The property is strategically positioned on Kilpatrick Turnpike, providing high levels of exterior visibility for prospective clients and customers.
For sale as a dedicated office/medical facility, the building’s layout and improvements align with professional service requirements for either office operations or medical-focused uses.
Key Highlights
- Modern building constructed in 2015 for office or medical use
- Located on Kilpatrick Turnpike with exterior signage opportunities
- Contemporary design and functional layout intended for office/medical use
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 | $470.7k | $24.96 |
| − Vacancy | −$113.0k | −$5.99 |
| EGI | $357.8k | $18.97 |
| − OpEx | −$89.4k | −$4.74 |
| NOI | $268.3k | $14.23 |
18,860 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.83M
$3.35M – $4.47M
NOI $268,325 @ 7.0% cap · market cap 6.31%
Second Best
Healthcare Medical
$3.81M
$3.33M – $4.44M
NOI $266,628 @ 7.0% cap · market cap 6.27%
Theoretical Best
Specialty Retail
$6.45M
$5.64M – $7.53M
NOI $451,508 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Modern office building constructed in 2015, positioned for exterior signage and suitable for office or medical use.
Where is this office building located?
The property is located at 4207 W Memorial Rd Oklahoma City, OK.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Modern building constructed in 2015 for office or medical use; Located on Kilpatrick Turnpike with exterior signage opportunities; Contemporary design and functional layout intended for office/medical use