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STONEY CREEK 8524 S Western Ave 19,630 SF 87% Leased Office Building Oklahoma City, OK 73139 $1,800,000 ($91.70/SF) 8.79% Cap Rate



Investment Highlights
- PRICED AT ONLY $91 SF
- PROFORMA - 9.55% CAP with scheduled rent bumps
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$217,116
|
$11.06
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$217,116
|
$11.06
|
| Taxes |
$20,051
|
$1.02
|
| Operating Expenses |
$38,885
|
$1.98
|
| Total Expenses |
$58,936
|
$3.00
|
| Net Operating Income |
$158,180
|
$8.06
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $217,116 |
| Annual Per SF | $11.06 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $217,116 |
| Annual Per SF | $11.06 |
| Taxes | |
|---|---|
| Annual | $20,051 |
| Annual Per SF | $1.02 |
| Operating Expenses | |
|---|---|
| Annual | $38,885 |
| Annual Per SF | $1.98 |
| Total Expenses | |
|---|---|
| Annual | $58,936 |
| Annual Per SF | $3.00 |
| Net Operating Income | |
|---|---|
| Annual | $158,180 |
| Annual Per SF | $8.06 |
Property Facts
Amenities
- 24 Hour Access
- Courtyard
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Calvert Property Inspections, LLC
- -
- -
- $14.25
- Triple Net
- -
The CENTURY 21® brand is the most recognized name in real estate and the most respected in the industry*. Since 1971, we've helped millions of people find not just a house—but a place to call home. With unmatched consumer brand awareness*, the CENTURY 21 brand continues to lead the industry by delivering the joy of home through every real estate transaction. Our global network includes over 126,000 independent real estate agents in approximately 11,000 offices across 79 countries and territories, making the CENTURY 21 System one of the largest and most connected real estate franchise systems in the world. We empower brokers and agents affiliated with our brand with: Industry-leading real estate technology like MoxiWorks®, Boost by Lone Wolf, and THE GOLDEN RULER® Personalized, AI-driven agent training through C21 University® High-impact real estate marketing tools and listing syndication A culture of growth, recognition, and agent empowerment Whether you're buying, selling, or investing, CENTURY 21 professionals are committed to helping you navigate the real estate journey with confidence and care. From residential and commercial real estate to specialized sectors like Luxury Homes, C21 Farm & Ranch, and Global Property, our independent agents deliver local expertise backed by global reach. Your next move starts here—with the CENTURY 21® brand; dedicated to helping you find the joy of home. Century 21 Real Estate LLC is a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), a global leader in real estate franchising, brokerage, and relocation services.
- Circle of Life Hospice & Home Health
- Health Care and Social Assistance
- -
- $14.01
- Plus Utilities
- -
EK Energy (along with its affiliates, collectively “EK”), is an independent oil and gas company headquartered in Edmond, Oklahoma. EK is a volumetric acquisitions company, focused on finding oil and gas reserves primarily in Oklahoma’s Anadarko Basin. Our approach originates from a unique Petrophysical intensive process, which provides for the most optimal exploratory outcome. We take great pride in offering a competitive value to mineral owners when leasing and purchasing their mineral rights. We employ a volumetric style when acquiring non-operated leasehold and existing working interest positions, which allows us to establish varied levels of participation for our company, our partner companies and our investors. Our aggressive approach further enables EK to build prospects large enough to dictate operational control, thus, ensuring development is placed in the hands of reputable operating companies.
- Kristin H. Pitts
- -
- -
- $12.38
- Modified Gross
- -
- McCall's Community Homes, Inc.
- -
- -
- $10.00
- Modified Gross
- -
Northwestern Mutual is a privately held mutual financial services organization headquartered in Milwaukee, Wisconsin. Founded in 1857, the company provides a range of insurance and financial planning solutions, including life insurance, disability income insurance, long-term care insurance, annuities, investment advisory services, and wealth management. As a mutual company, Northwestern Mutual is owned by its policyowners rather than public shareholders. The firm operates through a nationwide network of financial advisors supported by corporate operations in Milwaukee and additional offices in major U.S. markets. Northwestern Mutual also manages a large institutional investment platform supporting its insurance and wealth management businesses. The company remains privately held and does not trade publicly, distinguishing it from publicly listed financial services firms. Its headquarters campus is a major employer and office presence in downtown Milwaukee.
- Renaissance Legal Solutions, LLC
- -
- -
- $10.71
- Plus Utilities
- -
- The Real Estate Lab
- -
- -
- $12.95
- Full Service
- -
- Your Property Stop Real Estate
- -
- -
- $12.00
- Modified Gross
- Aug 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Calvert Property Inspections, LLC | - | - | $14.25 | Triple Net | - | |
|
Real Estate | - | - | - | - | |
| Circle of Life Hospice & Home Health | Health Care and Social Assistance | - | $14.01 | Plus Utilities | - | |
|
Construction | - | - | - | - | |
| Kristin H. Pitts | - | - | $12.38 | Modified Gross | - | |
| McCall's Community Homes, Inc. | - | - | $10.00 | Modified Gross | - | |
|
Finance and Insurance | - | - | - | - | |
| Renaissance Legal Solutions, LLC | - | - | $10.71 | Plus Utilities | - | |
| The Real Estate Lab | - | - | $12.95 | Full Service | - | |
| Your Property Stop Real Estate | - | - | $12.00 | Modified Gross | Aug 2028 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
First month free with 3 year lease term.
First month free with 3 year lease term.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 103 | 1,028 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 109 | 1,575 SF | Office | - | Now |
1st Fl-Ste 103
| Size |
| 1,028 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 109
| Size |
| 1,575 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 103
| Size | 1,028 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
First month free with 3 year lease term.
1st Fl-Ste 109
| Size | 1,575 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
First month free with 3 year lease term.
Property Taxes
| Parcel Number | 148511000 | Total Assessment | $167,345 (2025) |
| Land Assessment | $69,245 (2025) | Annual Taxes | $20,051 ($1.02/SF) |
| Improvements Assessment | $98,100 (2025) | Tax Year | 2024 |
Property Taxes
Contact the Sale Advisor
STONEY CREEK | 8524 S Western Ave
