Listing Agency: Cushman & Wakefield Commercial Oklahoma Show Phone

Listed By: Micah Sherman · License #OK 176496

Source: Crexi

Added: Mar 24, 2023 Changed: Jul 6 Last Checked: Jul 31 at 8:59AM

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Investment Insights

Based on property information with market context.

Class A office space is available for rent in a new mixed-use development, expected to be completed in Summer 2024. The project will feature garage parking and future on-site restaurants. Phillips Murrah and Midtown are also joining the development.

Key Highlights

• New Class "A" office space.
• Available Summer 2024.
• Future mixed‑use development.

Property Analytics

Property Profile

Current Use

Phillips Murrah P.C. Law Firm Essence Drug's Detox ... Health Counselor First Fidelity Bank ... Bank

Suggested Use

Top Pick HVAC Service Dental Office Barber Shop Nail Salon (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$4.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,492

Businesses Nearby

Explore this area Business Placement

Demographics for 73103, OK

5,046

Population

3,489

Households

1.4

Avg Household Size

34

Median Age

61%

College-Educated

99%

High-School Grad

1.2 sq mi

ZIP Area

4,205

Density / Sq Mi

$56,934

Median Household Income

$50,055

Median Earnings

$954

Median Rent

$400,400

Median Home Value

Market

Lease Benchmarks for Oklahoma City, OK

$17.33 /SF/Yr

Avg Asking Price

$11–$26 /SF/Yr

Price Range

37,491 SF

Avg Space Size

This space is priced 62% above the average of $17.33 /SF/Yr.

Vacancy Rate% for Office in Oklahoma City, OK

10.8% 2023

26.5% 2024

29.6% 2025

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - New Class A office space available Summer 2024.

Where is this office building located?

The property is located at 424 NW 10th St Oklahoma City, OK.

What is the lease rate?

The lease rate is $28 SF/Yr.

What are key features of this property?

This property features: New Class "A" office space.; Available Summer 2024.; Future mixed‑use development.