Broken Arrow Medical Plaza
For Sale
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4800 W San Antonio St, Broken Arrow, OK 74012
Medical plaza with high visibility and income potential.
Property Size15,865 SF
Lot Size1.16 Acres
Price / SF$182.79
Days on Market3028
Property Features for 4800 W San Antonio St
General Information
Standard status
Active
Size
15,865 SF
Class
B
Total Parking Spaces
56
Lot size
1.16 Acres
Property subtype
Office
Zoning
OL
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Stabilized
Net Operating Income
$249,139
Building Details
Year Built
2006
Year Renovated
2008
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
SVN | OAK Realty Advisors
Listed By:
Susan Davis · License #OK 024512
(918) 924-6199
Source:
Crexi
Added: Jul 3, 2018
Changed: Oct 1
Last Checked: Oct 16 at 6:34AM
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 SVN | OAK Realty Advisors
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Investment Insights
Based on property information with market context.
Berkshire Medical Plaza, located at 4800 W San Antonio Street in Broken Arrow, OK 74012, presents an investment opportunity. The property, constructed in 2006 and renovated in 2008, features a building size of 15,445 square feet on a 1.16-acre lot. The property is zoned for medical use. The building includes a common lobby, common restrooms, and an elevator. There is 2,659 square feet of available space on the first floor. The property has a cap rate of 7.04% and a net operating income of $207,786. The surrounding area has a dense population, with 73,608 residents in a 3-mile radius and an average household income of $80,745.
Key Highlights
- High Cap Rate: Attractive 7.04% cap rate indicates strong investment potential.
- Net Operating Income: Substantial $207,786 NOI demonstrates earning power.
- Prime Medical Location: Zoned for medical use, ideal for healthcare providers.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,992
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,719,840
$3.7M
Cap Rate 7%
$2,657,029
$2.7M
Cap Rate 9%
$2,066,578
$2.1M
Market Conditions
NOI Build-Up for 15,865 SF
Gross rent
$317.9K $20.04/SF
− Vacancy
−$69.9K −$4.41/SF
EGI
$248.0K $15.63/SF
− OpEx
−$62.0K −$3.91/SF
NOI
$186.0K $11.72/SF
Area
Broken Arrow, OK
Vacancy
22.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,719,840
Cap Rate 7%
$2,657,029
Cap Rate 9%
$2,066,578
Alternative Uses
Best Use
Office B
$2.66M
$2.32M – $3.10M
NOI $185,992 @ 7.0% cap · market cap 6.41%
Second Best
Healthcare Medical
$2.27M
$1.99M – $2.65M
NOI $158,823 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$3.71M
$3.25M – $4.33M
NOI $259,770 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 74012, OK
63,918
Population
26,069
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
94%
High-School Grad
24.8 sq mi
ZIP Area
2,577
Density / Sq Mi
$80,079
Median Household Income
$44,321
Median Earnings
$1,211
Median Rent
$223,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Schneider Brant DVM — Broken Arrow, OK 74012
- Equine Veterinary Associates — 11318 E 91st St, Broken Arrow, OK 74012
- Bent Arrow Vet — 11318 E 91st St, Broken Arrow, OK 74012
- GenScripts Pharmacy Broken Arrow — 4666 W Houston St, Broken Arrow, OK 74012
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical plaza with high visibility and income potential.
Where is this medical office space located?
The property is located at 4800 W San Antonio St Broken Arrow, OK.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: High Cap Rate: Attractive 7.04% cap rate indicates strong investment potential.; Net Operating Income: Substantial $207,786 NOI demonstrates earning power.; Prime Medical Location: Zoned for medical use, ideal for healthcare providers.
