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5700 N Portland Ave
Oklahoma City, OK 73112
Portland Plaza · Office Property For Sale
Investment Highlights
- 82% Occupied with Immediate Cash Flow – Stabilized asset with in-place income while maintaining leasing upside through remaining vacancy.
- Credit Oriented Tenant Mix – Anchored by quality tenants: INTEGRIS Wound Care, Oklahoma City Indian Clinic, & United Systems (Blue Alliance Co.)
- Embedded, Sticky Tenancy – Multiple long-term tenants have made significant investments into their suites, creating strong tenant retention.
- Strong Medical Presence – Strategically positioned within an established NW Oklahoma City medical corridor, surrounded by major healthcare providers.
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
37,914 SF
Building Class
B
Year Built/Renovated
1972/2016
Price
$4,070,000
Price Per SF
$107.35
Cap Rate
8%
Percent Leased
83%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
12,638 SF
Slab To Slab
12’
Building FAR
0.32
Lot Size
2.75 AC
Zoning
O-2 - General Office
Parking
126 Spaces (3.32 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 149841010 | Improvements Assessment | $300,648 |
| Land Assessment | $35,635 | Total Assessment | $336,283 |
Property Taxes
Parcel Number
149841010
Land Assessment
$35,635
Improvements Assessment
$300,648
Total Assessment
$336,283
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