Multi-Tenant Office
543 E Highway 152, Mustang, OK 73064
For Sale
Contact for pricing
Four suites feature separate covered entrances, storefront glass, and dedicated HVAC.
Property Size5,576 SF
Price / SF$242.11
Days on Market20
Property Features for 543 E Highway 152
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Additional Details
Office Units
Tenant in Place
Property Use
Building Details
Year Built
Buildings
Building Size
Tenancy
Listing Agency:
Forest Property Professionals, LLC
Listed By:
Kira Killough · License OK #183432
Source:
Crexi
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 8 at 5:54PM
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 Forest Property Professionals, LLC
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Investment Insights
Based on property information with market context.
This 5,576-square-foot office building, completed in 2006, contains four individually entered suites ranging from approximately 988 to 1,700 square feet. Each suite has a covered entrance, storefront glass, and dedicated HVAC. The building is fully occupied by professional service tenants.
The property fronts E Highway 152 in Mustang, Oklahoma, at 543 E Highway 152.
The property fronts E Highway 152 in Mustang, Oklahoma, at 543 E Highway 152.
Key Highlights
- 5,576‑square‑foot office building constructed in 2006
- Four suites ranging from approximately 988 to 1,700 square feet
- Separate covered entrances, storefront glass, and dedicated HVAC for each suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,474
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,449,480
$1.4M
Cap Rate 7%
$1,035,343
$1.0M
Cap Rate 9%
$805,267
$805.3K
Market Conditions
NOI Build-Up for 5,576 SF
Gross rent
$107.7K $19.32/SF
− Vacancy
−$11.1K −$1.99/SF
EGI
$96.6K $17.33/SF
− OpEx
−$24.2K −$4.33/SF
NOI
$72.5K $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 Rate 5%
$1,449,480
Cap Rate 7%
$1,035,343
Cap Rate 9%
$805,267
Alternative Uses
Best Use
Office B
$1.04M
$905.9K – $1.21M
NOI $72,474 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.42M
NOI $84,988 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
Explore this area
Business Placement
Demographics for 73064, OK
25,137
Population
10,285
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
93%
High-School Grad
53.7 sq mi
ZIP Area
468
Density / Sq Mi
$93,861
Median Household Income
$51,699
Median Earnings
$1,280
Median Rent
$236,700
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
Frequently Asked Questions
What type of property is this?
Office building - Four suites feature separate covered entrances, storefront glass, and dedicated HVAC.
Where is this office building located?
The property is located at 543 E Highway 152 Mustang, OK.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5,576‑square‑foot office building constructed in 2006; Four suites ranging from approximately 988 to 1,700 square feet; Separate covered entrances, storefront glass, and dedicated HVAC for each suite
