Broken Arrow Medical Plaza
4800 W San Antonio St Broken Arrow, OK 74012
4800 W San Antonio St, Broken Arrow, OK, 74012
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For Sale
Contact for pricing
Medical plaza with high visibility and income potential.
Property Size15,865 SF
Lot Size1.16 Acres
Price / SF$182.79
Days on Market2937
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 Agency
SVN | OAK Realty Advisors
(918) 924-6199
Listed by
Susan Davis · License #OK 024512
Source
Crexi
Added: Jul 3, 2018 Checked: Jul 17 at 12:06 pm
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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 Analytics
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 For Sale Nearby
Similar Off Market 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
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.
