9112 N Kelley Ave, Oklahoma City, OK 73131
Office building in Tower Lakes Office Park for sale.
- Added:
- May 3, 2024
- Days on Market:
- 776
- Last Refresh:
- May 12 at 8:53 pm
Property Features for 9112 N Kelley Ave
General Information
- Standard status
- Active
- Size
- 7,857 SF
- Property subtype
- Office
Building Details
- Year Built
- 2015
Listing agent David Bohanon License #138167
Listing office Blackstone Commercial
Listing date May 3, 2024
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 Blackstone Commercial
HighLights
- 6% Cap Rate: Indicates strong financial performance and stability.
- Immediate Income Generation: Offers investors the potential for immediate returns.
- Minimal Vacancy Risk: Suggests a stable tenant base and consistent income stream.
- Well Maintained Asset: Reduces potential maintenance costs and ensures long‑term value.
- Located in Tower Lakes Office Park: Situated in a prestigious and desirable business location.
- Built in 2015: Relatively new construction, potentially reducing maintenance issues.
Overview
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 | $196.1k | $24.96 |
| − Vacancy | −$47.1k | −$5.99 |
| EGI | $149.0k | $18.97 |
| − OpEx | −$37.3k | −$4.74 |
| NOI | $111.8k | $14.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.4950759
- Latitude
- 35.5634388
