Multi-Suite Office
9414 Westgate Road # A, Oklahoma City, OK 73162
For Sale
New
$550,000
Separate suites provide salon work areas and private offices, with Suite B currently available for lease.
Property Size3,440 SF
Price / SF$159.88
Days on Market6
Property Features for 9414 Westgate Road # A
General Information
Standard status
Size
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Office Units
Tenant in Place
Property Use
Amenities
Public
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Skybridge Real Estate
(405) 838-1761
Listed By:
Heather Rainer · License #154115
(405) 922-0809
Source:
Flotillarealestate
Added: Nov 4
Changed: Nov 7
Last Checked: Nov 8 at 9:29AM
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 Skybridge Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 3,440-square-foot office building contains two suites with distinct layouts. Suite A has a lobby, seven private salon work suites, and a breakroom with laundry hookups; it is occupied by Westgate Salon, which has operated in the building for more than 20 years. Suite B is available for lease and includes a lobby and three large private offices.
The property is located along Council and NW Expressway in Oklahoma City. Built in 1981, the building is zoned Commercial.
The property is located along Council and NW Expressway in Oklahoma City. Built in 1981, the building is zoned Commercial.
Key Highlights
- 3,440‑square‑foot office building built in 1981
- Suite A is occupied by Westgate Salon, in the building for over 20 years
- Suite A includes a lobby, 7 private salon work suites, and a breakroom with laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,353
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,060
$847.1K
Cap Rate 7%
$605,043
$605.0K
Cap Rate 9%
$470,589
$470.6K
Market Conditions
NOI Build-Up for 3,440 SF
Gross rent
$74.3K $21.60/SF
− Vacancy
−$17.8K −$5.18/SF
EGI
$56.5K $16.42/SF
− OpEx
−$14.1K −$4.10/SF
NOI
$42.4K $12.31/SF
Area
ZIP 73162
Vacancy
24.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,060
Cap Rate 7%
$605,043
Cap Rate 9%
$470,589
Alternative Uses
Best Use
Office B
$605.0K
$529.4K – $705.9K
NOI $42,353 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.62M
NOI $96,911 @ 7.0% cap · market cap 17.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
Demographics for 73162, OK
28,867
Population
12,454
Households
2.3
Avg Household Size
44
Median Age
47%
College-Educated
95%
High-School Grad
7.1 sq mi
ZIP Area
4,066
Density / Sq Mi
$89,984
Median Household Income
$48,451
Median Earnings
$1,147
Median Rent
$234,800
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Oklahoma City, OK
Properties on Market for Office buildings in Oklahoma City
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office building - Separate suites provide salon work areas and private offices, with Suite B currently available for lease.
Where is this office building located?
The property is located at 9414 Westgate Road # A Oklahoma City, OK.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,440‑square‑foot office building built in 1981; Suite A is occupied by Westgate Salon, in the building for over 20 years; Suite A includes a lobby, 7 private salon work suites, and a breakroom with laundry hookups
