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Bldg 500 416 W 15th St 4,724 SF 100% Leased Office Building Edmond, OK 73013 $695,000 ($147.12/SF) 7.39% Cap Rate



Executive Summary
***INVESTMENT***
100% Leased office building in the heart of Edmond. Multi-tenant building with the larger two tenants leased thru 2/28/28 and 5/31/2031.
Full-Service leases with the current NOI = $51,360.00. Increases June 1st, 2027.
100% Leased office building in the heart of Edmond. Multi-tenant building with the larger two tenants leased thru 2/28/28 and 5/31/2031.
Full-Service leases with the current NOI = $51,360.00. Increases June 1st, 2027.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,724 SF
Building Class
B
Year Built
1999
Price
$695,000
Price Per SF
$147.12
Cap Rate
7.39%
NOI
$51,360
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,724 SF
Building FAR
0.24
Lot Size
0.46 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Edmond Premier
- -
- -
- $16.50
- Full Service
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Edmond Premier | - | - | $16.50 | Full Service | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Single Suite $500 per month + Internet. All other bills Included.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste D | 194 SF | Office | Full Build-Out | Now |
1st Fl-Ste D
| Size |
| 194 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste D
| Size | 194 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Single Suite $500 per month + Internet. All other bills Included.
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Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 125891040 | Improvements Assessment | $86,931 |
| Land Assessment | $23,517 | Total Assessment | $110,448 |
Property Taxes
Parcel Number
125891040
Land Assessment
$23,517
Improvements Assessment
$86,931
Total Assessment
$110,448
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Contact the Sale Advisor
Bldg 500 | 416 W 15th St
