Office
For Sale
Contact for pricing
7 & 11 NE 6th Street, Oklahoma City, OK 73104
Positioned along the Broadway Avenue corridor in Automobile Alley, near office, retail, and residential development.
Property Size42,886 SF
Price / SF$300
Days on Market50
Property Features for 7 & 11 NE 6th Street
General Information
Standard status
Active
Size
42,886 SF
Class
A
Property subtype
Office
Occupancy
95%
Lease Type
NNN
Additional Details
Highway Access
Yes
Building Details
Year Built
1925
Year Renovated
2019
Buildings
2
Stories
3
Listing Agency:
Cushman & Wakefield Commercial Oklahoma
Listed By:
Micah Sherman · License #OK 176496
(405) 563-5000
Source:
Crexi
Added: Aug 31
Changed: Oct 14
Last Checked: Oct 16 at 9:33AM
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 Cushman & Wakefield Commercial Oklahoma
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Investment Insights
Based on property information with market context.
This 42,886-square-foot office building at 7 & 11 NE 6th Street was constructed in 1925. The property is identified as Central Exchange and is located within Automobile Alley, part of the greater Midtown Oklahoma City submarket.
The site sits along the Broadway Avenue corridor, with access to I-235 and connections to Downtown Oklahoma City's Central Business District and the Bricktown Entertainment District. The surrounding area includes a growing mix of office, retail, and residential development, providing a varied commercial and urban context for the property.
The site sits along the Broadway Avenue corridor, with access to I-235 and connections to Downtown Oklahoma City's Central Business District and the Bricktown Entertainment District. The surrounding area includes a growing mix of office, retail, and residential development, providing a varied commercial and urban context for the property.
Key Highlights
- 42,886‑square‑foot office building
- Constructed in 1925
- Located at 7 & 11 NE 6th Street, Oklahoma City, OK 73104
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$610,148
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,202,960
$12.2M
Cap Rate 7%
$8,716,400
$8.7M
Cap Rate 9%
$6,779,422
$6.8M
Market Conditions
NOI Build-Up for 42,886 SF
Gross rent
$1.07M $24.96/SF
− Vacancy
−$256.9K −$5.99/SF
EGI
$813.5K $18.97/SF
− OpEx
−$203.4K −$4.74/SF
NOI
$610.1K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,202,960
Cap Rate 7%
$8,716,400
Cap Rate 9%
$6,779,422
Alternative Uses
Best Use
Office B
$8.72M
$7.63M – $10.17M
NOI $610,148 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$14.67M
$12.83M – $17.11M
NOI $1,026,691 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,858
Businesses Nearby
Explore this area
Business Placement
Demographics for 73104, OK
3,545
Population
2,405
Households
1.5
Avg Household Size
29
Median Age
75%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
2,216
Density / Sq Mi
$69,886
Median Household Income
$59,023
Median Earnings
$1,536
Median Rent
$341,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office building - Positioned along the Broadway Avenue corridor in Automobile Alley, near office, retail, and residential development.
Where is this office building located?
The property is located at 7 & 11 NE 6th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $12,865,800.
What are key features of this property?
This property features: 42,886‑square‑foot office building; Constructed in 1925; Located at 7 & 11 NE 6th Street, Oklahoma City, OK 73104
