Turn-Key Medical Clinic with
7304 N Comanche Ave Warr Acres, OK 73132
For Sale
$839,000
Turn-key medical clinic offering a split-friendly layout, large waiting area, therapy space, and an X-ray room.
Property Size5,212 SF
Price / SF$160.97
Days on Market605
Property Features for 7304 N Comanche Ave
General Information
- Standard status
- Active
- Size
- 5,212 SF
Listing Agency:
The Agency
(405) 315-6389
Listed By:
Lindsay Greene
(405) 315-6389
Source:
Exprealty
Added: Nov 25, 2024
Changed: Jul 22
Last Checked: Jul 22 at 8:56PM
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 The Agency
Investment Insights
Based on property information with market context.
This turn-key medical clinic is designed with a split floor plan that could support multiple practices. The space includes 14 exam and office rooms (with 8 having water), a large waiting area, an X-ray room, and a 36’ x 14’ therapy area. The layout is also supported by 5 restrooms, two check-in/check-outs, four points of ingress and egress for physicians and staff, and two breakrooms. Additional improvements noted include recent painting and a fairly new TPO roof with a 30-year warranty.
The property is located in Warr Acres, OK, just off NW Expressway, with traffic noted as over 41,000 VPD.
The building was originally a dentist office with sink access in most rooms and a lab that is currently used as the staff kitchen, and it can be converted back if desired.
The property is located in Warr Acres, OK, just off NW Expressway, with traffic noted as over 41,000 VPD.
The building was originally a dentist office with sink access in most rooms and a lab that is currently used as the staff kitchen, and it can be converted back if desired.
Key Highlights
- Turn‑key medical clinic available for lease or purchase in OKC just off NW Expressway (over 41K VPD).
- Split‑friendly layout with a very large waiting room for two practices or additional operators.
- 14 exam/offices, including 8 with water, plus a 36' x 14' therapy area and 1 X‑ray room.
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 | $86.9k | $16.68 |
| − Vacancy | −$8.3k | −$1.60 |
| EGI | $78.6k | $15.08 |
| − OpEx | −$19.6k | −$3.77 |
| NOI | $58.9k | $11.31 |
5,212 SF · lease $16.68/SF/yr · vacancy 9.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$842.0K
$736.8K – $982.4K
NOI $58,943 @ 7.0% cap · market cap 7.03%
Second Best
Healthcare Medical
$772.5K
$675.9K – $901.2K
NOI $54,074 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$1.09M
$949.9K – $1.27M
NOI $75,989 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical centers
FAQs
What type of property is this?
Medical center - Turn-key medical clinic offering a split-friendly layout, large waiting area, therapy space, and an X-ray room.
Where is this medical center located?
The property is located at 7304 N Comanche Ave Warr Acres, OK.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Turn‑key medical clinic available for lease or purchase in OKC just off NW Expressway (over 41K VPD).; Split‑friendly layout with a very large waiting room for two practices or additional operators.; 14 exam/offices, including 8 with water, plus a 36' x 14' therapy area and 1 X‑ray room.
