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Bldg 500 416 W 15th St 4,724 SF 62% Leased Office Building Edmond, OK 73013 $625,000 ($132.30/SF) 7.61% Cap Rate




EXECUTIVE SUMMARY
Monthly rental income currently brings in $3,962.00 / $47,544.00 per year.
Largest tenant lease expires 2/28/2028.
Suite C (1,581 sq ft) available for owner user or additional rental income.
Current yearly expenses $29,294.00
Largest tenant lease expires 2/28/2028.
Suite C (1,581 sq ft) available for owner user or additional rental income.
Current yearly expenses $29,294.00
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,724 SF
Building Class
B
Year Built
1999
Price
$625,000
Price Per SF
$132.30
Cap Rate
7.61%
NOI
$47,544
Percent Leased
62%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,724 SF
Building FAR
0.04
Lot Size
2.86 AC
Parking
25 Spaces (5.29 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Edmond Premier
- -
- -
- $16.50
- Full Service
- -
-
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Edmond Premier | - | - | $16.50 | Full Service | - | |
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Professional, Scientific, and Technical Services | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
3 FREE MONTHS RENT. Freshly remodeled suite. Amenities include Private entry, Kitchen/ Breakroom, Conference room, Abundant parking and great location surrounded by popular eateries.
Single Suite $500 per month + Internet. All other bills Included.
Space | Size | Space Use | Condition | Available |
1st Fl-Ste C | 1,581 SF | Office | Partial Build-Out | Now |
1st Fl-Ste D | 194 SF | Office | Full Build-Out | Now |
1st Fl-Ste C
Size |
1,581 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
Now |
1st Fl-Ste D
Size |
194 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
1st Fl-Ste C
Size | 1,581 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | Now |
3 FREE MONTHS RENT. Freshly remodeled suite. Amenities include Private entry, Kitchen/ Breakroom, Conference room, Abundant parking and great location surrounded by popular eateries.
1st Fl-Ste D
Size | 194 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
Single Suite $500 per month + Internet. All other bills Included.
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PROPERTY TAXES
Parcel Number | 125891040 | Improvements Assessment | $107,137 |
Land Assessment | $23,517 | Total Assessment | $130,654 |
PROPERTY TAXES
Parcel Number
125891040
Land Assessment
$23,517
Improvements Assessment
$107,137
Total Assessment
$130,654
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Bldg 500 | 416 W 15th St
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