Property summary
This exceptional 5,056 square foot Class B office building in Edmond, Oklahoma, is offered at $758,400 ($150/sq ft). Located at 409 Fretz Ave, 73003, this multi-tenant property enjoys a high-traffic location (over 22,000 vehicles per day) just south of Fretz and Edmond Rd. Currently 50% occupied with a lease expiring in April 2024, it presents a strong income-generating opportunity. Suites A & C are available for lease or owner-occupancy, providing flexibility for potential buyers. The building underwent renovations in 2001 and benefits from a modified gross lease structure. The property is part of Fountains Office Park, a thriving business community with diverse neighboring businesses including daycare, occupational therapy, and counseling services. An attractive investment opportunity is further enhanced by the availability of adjacent land for sale and an additional investment opportunity in Building 441 within the same park. This property is ideal for owner-users seeking a blend of income and space, or investors looking for a strong return in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Health Care Facility
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Insurance Agency
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(Bike/Boat/Book/etc) Store Printing Service
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Charitable Organization Social Service Agency
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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