Turn-Key Medical Clinic with
For Sale
$839,000
7304 N Comanche Ave, Warr Acres, OK 73132
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 Market101
Property Features for 7304 N Comanche Ave
General Information
Standard status
Active
Size
5,212 SF
Additional Details
Traffic Count
41,000 vehicles/day
Building Details
Year Built
1973
Listing Agency:
The Agency
Listed By:
Lindsay Greene
(405) 315-6389
Source:
Vibrantok
Added: Jul 18
Changed: Oct 25
Last Checked: Oct 7 at 1:40PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$54,074
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,480
$1.1M
Cap Rate 7%
$772,486
$772.5K
Cap Rate 9%
$600,822
$600.8K
Market Conditions
NOI Build-Up for 5,212 SF
Gross rent
$100.7K $19.32/SF
− Vacancy
−$10.6K −$2.03/SF
EGI
$90.1K $17.29/SF
− OpEx
−$36.0K −$6.92/SF
NOI
$54.1K $10.37/SF
Area
Oklahoma County, OK
Vacancy
10.50%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,480
Cap Rate 7%
$772,486
Cap Rate 9%
$600,822
Alternative Uses
Best Use
Healthcare Medical
$772.5K
$675.9K – $901.2K
NOI $54,074 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
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 authorities.
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Current Use
Lease Details
41,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
805
Businesses Nearby
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Business Placement
Demographics for 73132, OK
28,394
Population
12,592
Households
2.3
Avg Household Size
36
Median Age
31%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,736
Density / Sq Mi
$58,750
Median Household Income
$37,243
Median Earnings
$1,058
Median Rent
$200,500
Median Home Value
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Frequently Asked Questions
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.
