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16401 Sonoma Park Dr 5,161 SF Office Building Edmond, OK 73013 $950,000 ($184.07/SF)
Investment Highlights
- Stabilized Investment Asset
- Modern Construction
- Strong Accessibility
- Affluent Edmond Market
- Favorable Parking
Executive Summary
This is an exceptional opportunity to acquire a fee-simple interest in a newly constructed, single-tenant Class C Office/Medical asset built in 2023, offered at $950,000. The building is currently occupied by Perfex Chemical Solutions, LLC, providing immediate, stabilized income for the investor.
Key Investment & Market Highlights:
Edmond Demographics: The asset benefits from premier market fundamentals in the highly affluent Edmond area (ZIP 73013), where the median household income is $97,648 and the population is highly educated, with 42% holding a Bachelor's Degree and 22% a Graduate Degree.
Tenant Profile: A highly desirable investment with an in-place tenant, Perfex Chemical Solutions, LLC, reducing lease-up risk for the new owner.
Strong Parking Ratio: The property offers a highly favorable parking ratio of 3.88 spaces per 1,000 SF, with 20 dedicated spaces, making it ideal for the current office/support tenant or future medical use.
Access & Exposure: Located in the growing Sonoma Park area, which benefits from its proximity to major corridors like N. Pennsylvania Avenue, ensuring excellent traffic exposure and tenant accessibility.
Modern Construction: Minimal near-term capital expenditure risk with a 2023 wood frame construction, sitting on 0.49 AC with PUD Zoning.
This is a turn-key commercial asset offering stable cash flow and strong potential for value appreciation in a high-demand suburban market.
Key Investment & Market Highlights:
Edmond Demographics: The asset benefits from premier market fundamentals in the highly affluent Edmond area (ZIP 73013), where the median household income is $97,648 and the population is highly educated, with 42% holding a Bachelor's Degree and 22% a Graduate Degree.
Tenant Profile: A highly desirable investment with an in-place tenant, Perfex Chemical Solutions, LLC, reducing lease-up risk for the new owner.
Strong Parking Ratio: The property offers a highly favorable parking ratio of 3.88 spaces per 1,000 SF, with 20 dedicated spaces, making it ideal for the current office/support tenant or future medical use.
Access & Exposure: Located in the growing Sonoma Park area, which benefits from its proximity to major corridors like N. Pennsylvania Avenue, ensuring excellent traffic exposure and tenant accessibility.
Modern Construction: Minimal near-term capital expenditure risk with a 2023 wood frame construction, sitting on 0.49 AC with PUD Zoning.
This is a turn-key commercial asset offering stable cash flow and strong potential for value appreciation in a high-demand suburban market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,161 SF
Building Class
C
Year Built
2023
Price
$950,000
Price Per SF
$184.07
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,161 SF
Building FAR
0.24
Lot Size
0.49 AC
Zoning
PUD
Parking
20 Spaces (3.88 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Perfex
- Administrative and Support Services
- -
- -
- -
Business services in Edmond, Oklahoma.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Perfex | Administrative and Support Services | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 206171060 | Improvements Assessment | $84,666 |
| Land Assessment | $12,435 | Total Assessment | $97,101 |
Property Taxes
Parcel Number
206171060
Land Assessment
$12,435
Improvements Assessment
$84,666
Total Assessment
$97,101
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16401 Sonoma Park Dr
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