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530 SW 80th St
Oklahoma City, OK 73139
Office Property For Sale
Executive Summary
INVESTMENT OPPORTUNITY: 2-story brick office building spanning 5,480 square feet occupied by an experienced childcare operator, Creative Expressions Learning Center. The first floor offers a large reception area, three double stall restrooms, two single stall restrooms, spacious classrooms, a well-equipped kitchenette, and dry storage/laundry room. The second floor features offices, a central open area with sink/cabinets, a single stall restroom, a bonus room, and attic storage. The tenant is widely respected in the community and signed a fresh 5 year NNN lease in 2024 with two 5 year extension options. Ownership has made $225,000 in updates in 2023 & 2024 consisting of the replacement of all 5 HVAC units as well as electrical and plumbing updates. Tenant has also completed a fresh buildout of the interior in 2024.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,480 SF
Building Class
B
Year Built/Renovated
2004/2024
Price
$1,250,000
Price Per SF
$228.10
Cap Rate
7.45%
NOI
$93,160
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,420 SF
Slab To Slab
10’
Building FAR
0.23
Lot Size
0.54 AC
Zoning
PUD - Planned Urban District
Parking
35 Spaces (6.38 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 132283150 | Improvements Assessment | $81,372 |
| Land Assessment | $11,033 | Total Assessment | $92,405 |
Property Taxes
Parcel Number
132283150
Land Assessment
$11,033
Improvements Assessment
$81,372
Total Assessment
$92,405
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