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Property profile & analytics
FOR LEASE
Commercial real estate

1000 W Wilshire Blvd Nichols Hills, OK 73116

6,222 SF 3.12 ac lot Built 1980
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US69-0448230
Property summary
AI-generated overview

This exceptional Nichols Hills commercial property, located at 1000 W Wilshire Blvd, offers a variety of office suites for lease. The building, constructed in 1980, boasts a total of 55,000 square feet and sits on a generous 3.2-acre lot. Multiple tenancies are available, with spaces ranging from a minimum of 250 square feet to a maximum contiguous space of 2,750 square feet. Currently, 5,200 square feet of space is vacant and ready for immediate occupancy. The property features ample parking with 193 spaces available for tenants and visitors. Elevators are conveniently located within the building for easy access to all floors. The building's prime location at the intersection of Western and Wilshire offers easy access to Oklahoma City's best dining and shopping, and is just a half-mile from the Broadway Extension, providing convenient access to both Edmond and downtown Oklahoma City. This property is ideal for businesses seeking flexible and well-located office space in the thriving Nichols Hills area. The property type is categorized as Retail, Office, with subtypes including Commercial, Executive Office, and Traditional Office. The zip code is 73116.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,222 SF
Lot 3.12 ac (135,907 SF)
APN 16-979-3005
UPID US69-0448230
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.32M
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.39M
Owner & transaction history
Tg Nhob LLC · 13 yrs held
Tg Nhob LLC
since 2013
7 recorded transactions
2020
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
2016
Price N/A
2016
Price N/A
2013
$5.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.8M +91.4%
Medical building $970,000 +4.7%
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