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    FOR LEASE
    Strip malls

    1701 N Broadway Ave, Oklahoma City, OK 73103

    9,020 SF 0.31 ac lot Built 1957
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US69-2393384
    Property summary
    AI-generated overview

    This exceptional two-story office building, totaling 9,020 square feet, presents a unique investment opportunity in Oklahoma County. Situated on a 0.31-acre lot, the property boasts a Class B designation and was constructed in 1960. Recently renovated, the building features upgraded electrical systems and a new HVAC system, ensuring modern functionality and efficiency. The building's layout is suitable for multiple tenants. Ample parking is available at the rear of the building. Its strategic location offers high visibility and high traffic counts, placing it within the central business district, benefiting from proximity to major thoroughfares like I-235 and the burgeoning Alley North Development, also known as Automobile Alley. The property's central location provides easy access to key institutions and businesses, including OU Health, the Oklahoma City Convention Center, Devon Tower, St. Anthony Hospital, and the Paycom area, all within a two-mile radius. The zoning is C-4. A compelling incentive is available: six months of free rent! This property is ideal for businesses seeking a well-maintained, conveniently located office space in a thriving urban environment. The building consists of one structure with two stories. Build-to-suit options may be available.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1957
    Construction BRICK
    Total area 9,020 SF
    Lot 0.31 ac (13,329 SF)
    APN 04-388-0465
    UPID US69-2393384
    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
    Current use
    Occupant on record · Public records
    • Cooper Project Advisors Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.52M
    Blend (final) Blend
    $1.49M
    Owner & transaction history
    Maoli Energy LLC · 8 yrs held
    Maoli Energy LLC
    since 2018
    Last sale
    $1.6M
    4 recorded transactions
    2018
    2018
    $1.0M
    2007
    2006
    $198,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.7M +67.5%
    Medical building $1.4M +37.7%
    Auto repair, garage $1.3M +31.2%
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    More about this property
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