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409 Fretz Ave Edmond, OK 73003

OFF-MARKET Office Spaces Google Maps
5,056 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Office Spaces
Total area 5,056 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Health Care Facility
  • Insurance Agency
  • (Bike/Boat/Book/etc) Store Printing Service
  • Charitable Organization Social Service Agency

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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