Property summary
This exceptional two-story office building, totaling 9,000 square feet, presents a compelling investment opportunity in Oklahoma City. Strategically located near I-44, it enjoys high visibility and easy access. Built in 1981 and fully renovated in 2020, the property features a modern design with multiple suites, a common break room, and a conference room. Currently, three tenants occupy 50% of the space under a gross lease, with a one-year lease term. The building sits on a 0.6-acre lot and is zoned O-2. The asking price is $989,750, translating to $109.97 per square foot. The property boasts a new energy-efficient TPO roof. The building's layout is ideal for a variety of tenants, with the potential for increased occupancy. An attractive feature is the possibility of an immediate leaseback, providing a secure income stream for the new owner. This presents a rare chance to acquire a well-maintained, centrally located office building with significant upside potential in a thriving Oklahoma City market. The four units are spread across two stories, offering flexibility for various business needs. This is a Class B property with a multi-tenant occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
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Roofing Company General Contractor
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Furniture & Home Goods
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Waste Management Facility Hazardous Waste Disposal
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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