Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Glen Eagles Office Space Available Title is generated by Realmo AI

    920 NW 139th St Pkwy, Edmond, OK 73013

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space for lease in Glen Eagles Office Park.

    Type:Office
    Property size:
    3,320 SF
    Added:
    Nov 5, 2024
    Days on Market:
    567
    Last Refresh:
    May 12 at 8:19 pm

    Property Features for 920 NW 139th St Pkwy

    General Information

    Standard status
    Active
    Size
    3,320 SF
    Property subtype
    Office

    Building Details

    Year Built
    2014

    Spaces For Lease

    at 920 NW 139th St Pkwy Contact us

    1st Floor $14/Mo

    Size
    3,036 SF
    Type
    Office
    Lease Rate (1st Floor): $14.00/SF NNN (3,036 SF) nLease Rate (2nd Floor) $10.00/SF...
    show more
    Contact us

    2nd Floor $10/Mo

    Size
    284 SF
    Type
    Office
    Lease Rate (2nd Floor) $10.00/SF (284 SF)nTaxes: $658/mo.nInsurance: $322/mo.nOA...
    show more
    Contact us

    We can help!

    Listing Contact
    Judy Hatfield, CCIM

    Listing agent Judy Hatfield, CCIM License #OK 79662

    Listing office Equity Commercial Realty Advisors, LLC

    Listing date Nov 5, 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 Equity Commercial Realty Advisors, LLC

    HighLights

    • Located in Glen Eagles Office Park, near N Western and W Memorial.
    • Proximity to Chisholm Creek development.
    • Total available space: 3,320 SF (1st + 2nd Floor).
    • First floor lease rate: $14.00/SF NNN (3,036 SF).
    • Second floor lease rate: $10.00/SF (284 SF).
    • Built in 2014.

    Overview

    Located in the Glen Eagles Office Park, just off N Western and W Memorial, and north of the Chisholm Creek development, this office building has space available for lease. The total available space is 3,320 square feet, encompassing both the first and second floors. The first floor offers 3,036 square feet at a lease rate of $14.00 per square foot NNN. The second floor provides 284 square feet at a lease rate of $10.00 per square foot.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.52923
    Latitude
    35.612425

    Nearby Similar for Lease

    • $2,500/Mo
      1,550 SF

      Retail End Cap in Edmond

      1,550 SF end cap suite available for lease.
      180 W 15th Street, Edmond, OK 73013
      View Details
    • $3,000/Mo

      Corner Commercial Rentals in Edmond, OK

      Spacious commercial rentals on the corner of Waterloo Road and Kelley.
      1101 W Waterloo Road, Edmond, OK 73025
      View Details
    • $2,200/Mo
      1,600 SF

      Edmond Commercial Flex Space Rental

      Spacious commercial rentals with high ceilings at a visible intersection.
      1101 W Waterloo Road, Edmond, OK 73025
      View Details
    • Sponsored
      $129-$3,954/Mo
      11-1,292 SF

      OK, Edmond - S Broadway

      3209 Broadway, Unit 231, Edmond, OK 73013
      View Details
    • $12 SF/Yr
      3,200 SF

      Versatile Flex Space For Rent

      3,200 SF flex space with office and warehouse areas.
      600 W 18th St, Edmond, OK 73013
      View Details
    • $5,950/Mo
      6,000 SF

      Edmond Flex Space For Rent

      6,000 SF flex space with office/showroom in Edmond, OK.
      14901 Metro Plaza Boulevard, Edmond, OK, 73013
      View Details
    • $22 SF/Yr
      3,816 SF

      Retail or Medical Space Available

      Two buildings totaling 3,816 SF available for lease.
      1101 West 15th Street, Edmond, OK, 73013
      View Details
    • $25 SF/Yr
      1,816 SF

      Prime Retail Space in Edmond

      Retail space available in a high-quality boutique center.
      1289 E 15th St, Edmond, OK
      View Details
    • $28 SF/Yr
      2,800 SF

      Retail Shopping Center Development

      New retail development opportunity in Oklahoma City.
      15398 Lleytons Court, Edmond, OK, 73013
      View Details
    • $10 SF/Yr
      3,200 SF

      Flex Space with Office, Warehouse

      3,200 SF flex space with office and warehouse.
      604 W 18th St, Edmond, OK 73013
      View Details
    • $20 SF/Yr
      4,500 SF

      Retail and Flex Space Available

      Retail and flex spaces for lease, delivery June 2025.
      NE Corner of NW 164th St, Edmond, OK
      View Details
    • $10 SF/Yr
      4,590 SF

      Retail and Flex Space Available

      Retail and flex spaces for lease, delivery June 2025.
      NEC of NW 164th St, Edmond, OK
      View Details

    FAQs

    What type of property is this?
    Office building - Office space for lease in Glen Eagles Office Park.
    Where is this office building located?
    The property is located at 920 NW 139th St Pkwy Edmond, OK.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Located in Glen Eagles Office Park, near N Western and W Memorial.; Proximity to Chisholm Creek development.; Total available space: 3,320 SF (1st + 2nd Floor).
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Judy Hatfield, CCIM
    Real Estate License ID: OK 79662
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    920 NW 139th St Pkwy, Edmond, OK 73013
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!