Broken Arrow Medical Plaza
4800 W San Antonio St, Broken Arrow, OK 74012
Medical plaza with high visibility and income potential.
Type:Office
Property size:
15,865 SFLot size:
1.16 AcresPrice / SF:
$182/SF- Added:
- Jul 3, 2018
- Days on Market:
- 2892
- Last Refresh:
- May 19 at 11:06 pm
Property Features for 4800 W San Antonio St
General Information
- Standard status
- Active
- Size
- 15,865 SF
- Lot size
- 1.16 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing agent Susan Davis License #OK 024512
Listing office SVN | OAK Realty Advisors
Listing date Jul 3, 2018
Source Crexi
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 SVN | OAK Realty Advisors
HighLights
- High Cap Rate: Attractive 7.04% cap rate indicates strong investment potential.
- Net Operating Income: Substantial $207,786 NOI demonstrates earning power.
- Prime Medical Location: Zoned for medical use, ideal for healthcare providers.
- Desirable Demographics: Located in an area with a dense population and a high average household income.
- Professionally Maintained: Built in 2006 and renovated in 2008, the property features a common lobby, restrooms, and an elevator.
- Features 2,659 square feet of available space on the first floor.
Overview
Berkshire Medical Plaza, located at 4800 W San Antonio Street in Broken Arrow, OK 74012, presents an investment opportunity. The property, constructed in 2006 and renovated in 2008, features a building size of 15,445 square feet on a 1.16-acre lot. The property is zoned for medical use. The building includes a common lobby, common restrooms, and an elevator. There is 2,659 square feet of available space on the first floor. The property has a cap rate of 7.04% and a net operating income of $207,786. The surrounding area has a dense population, with 73,608 residents in a 3-mile radius and an average household income of $80,745.
Local 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 | $317.9k | $20.04 |
| − Vacancy | −$69.9k | −$4.41 |
| EGI | $248.0k | $15.63 |
| − OpEx | −$62.0k | −$3.91 |
| NOI | $186.0k | $11.72 |
15,865 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.66M
$2.32M – $3.10M
NOI $185,992 @ 7.0% cap · market cap 6.41%
Second Best
Healthcare Medical
$2.27M
$1.99M – $2.65M
NOI $158,823 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$3.71M
$3.25M – $4.33M
NOI $259,770 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
DaVita Berkshire Home ...
Medical Clinic
Nephrology Specialists-Ok: Kenkel ...
Physician
Elite Pediatric Therapy
Physician
Nephrology Specialists-Ok
Physician
DaVita Berkshire Ht ...
Medical Clinic
Similar Places Nearby
- Bent Arrow Vet — 11318 E 91st St, Broken Arrow, OK 74012
- GenScripts Pharmacy Broken Arrow — 4666 W Houston St, Broken Arrow, OK 74012
- Schneider Brant DVM — Broken Arrow, OK 74012
- Equine Veterinary Associates — 11318 E 91st St, Broken Arrow, OK 74012
Location Insight
- Map
- Local Demand
- City
- Broken Arrow
- County
- Wagoner
- State
- Oklahoma
- Longitude
- -95.850397
- Latitude
- 36.037638
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Medical plaza with high visibility and income potential.
Where is this medical office space located?
The property is located at 4800 W San Antonio St Broken Arrow, OK.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: High Cap Rate: Attractive 7.04% cap rate indicates strong investment potential.; Net Operating Income: Substantial $207,786 NOI demonstrates earning power.; Prime Medical Location: Zoned for medical use, ideal for healthcare providers.
