Small-Bay Industrial Warehouse
For Sale
Contact for pricing
7300 NW 164th Street, Edmond, OK 73013
Multi-tenant warehouse park with grade-level loading, ADA restrooms, and flexible office/warehouse layouts across 23 units.
Property Size94,638 SF
Price / SF$121.52
Days on Market52
Property Features for 7300 NW 164th Street
General Information
Standard status
Active
Size
94,638 SF
Property subtype
Industrial, Mixed Use, Special Purpose
Occupancy
96%
Additional Details
Cap Rate
7.1%
Office Units
23
Building Details
Year Built
2009
Tenancy
Multi
Listing Agency:
Skybridge Real Estate
Listed By:
Corey Hale · License #183307
Source:
Crexi
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 5 at 3:34PM
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 Skybridge Real Estate
Investment Insights
Based on property information with market context.
This small-bay industrial warehouse complex consists of 4 buildings and 23 multi-tenant units, built in phases between 2009 and 2019. Suite sizes typically range from 2,450 to 4,900 SF, with select larger units up to 8,400 SF. The property features functional office/warehouse layouts, ADA-compliant restrooms, and grade-level loading. It also includes flexible configurations intended to accommodate a wide range of light industrial and storage-oriented users.
The complex is located in the Deer Creek/Edmond growth corridor of Oklahoma City, positioned along NW 164th Street near Rockwell Avenue. The location provides convenient access to the Kilpatrick Turnpike and major Oklahoma City metro corridors.
For investors, the offering is structured as a diversified small-bay industrial park, with leases in place across the portfolio. All leases except one are NNN, with tenants responsible for property taxes, CAM, utilities, electric, and gas, while water and trash are included. Lease terms generally range from 1 to 3 years. The property is offered for $11,500,000, representing approximately $122/SF, and reflects a 7.1% in-place cap rate based on current NOI at 96% occupancy, with remaining vacancy attributed to a recently renovated unit.
The complex is located in the Deer Creek/Edmond growth corridor of Oklahoma City, positioned along NW 164th Street near Rockwell Avenue. The location provides convenient access to the Kilpatrick Turnpike and major Oklahoma City metro corridors.
For investors, the offering is structured as a diversified small-bay industrial park, with leases in place across the portfolio. All leases except one are NNN, with tenants responsible for property taxes, CAM, utilities, electric, and gas, while water and trash are included. Lease terms generally range from 1 to 3 years. The property is offered for $11,500,000, representing approximately $122/SF, and reflects a 7.1% in-place cap rate based on current NOI at 96% occupancy, with remaining vacancy attributed to a recently renovated unit.
Key Highlights
- 94,638 SF multi‑tenant small‑bay industrial park with 4 buildings and 23 units
- Built between 2009 and 2019, offering functional office/warehouse layouts and ADA‑compliant restrooms
- Grade‑level loading across flexible suite configurations
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 | $908.5k | $9.60 |
| − Vacancy | −$69.0k | −$0.73 |
| EGI | $839.5k | $8.87 |
| − OpEx | −$125.9k | −$1.33 |
| NOI | $713.6k | $7.54 |
94,638 SF · lease $9.60/SF/yr · vacancy 7.60% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$16.88M
$14.77M – $19.69M
NOI $1,181,400 @ 7.0% cap · market cap 10.27%
Second Best
Warehouse
$10.19M
$8.92M – $11.89M
NOI $713,555 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$19.71M
$17.25M – $23.00M
NOI $1,379,795 @ 7.0% cap · market cap 12.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
23
Office units
96%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant warehouse park with grade-level loading, ADA restrooms, and flexible office/warehouse layouts across 23 units.
Where is this flex space located?
The property is located at 7300 NW 164th Street Edmond, OK.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: 94,638 SF multi‑tenant small‑bay industrial park with 4 buildings and 23 units; Built between 2009 and 2019, offering functional office/warehouse layouts and ADA‑compliant restrooms; Grade‑level loading across flexible suite configurations
