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STONEY CREEK 8524 S Western Ave 19,630 SF 95% Leased Office Building Oklahoma City, OK 73139 $1,800,000 ($91.70/SF) 8.79% Cap Rate

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INVESTMENT HIGHLIGHTS

  • PRICED AT ONLY $91 SF
  • PROFORMA - 9.55% CAP with scheduled rent bumps

ATTACHMENTS

SALES BROCHURE

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

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
19,630 SF
Building Class
B
Year Built/Renovated
1982/2019
Price
$1,800,000
Price Per SF
$91.70
Cap Rate
8.79%
NOI
$158,180
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,630 SF
Building FAR
0.23
Lot Size
2.00 AC
Zoning
O-2 - General Office
Parking
88 Spaces (4.48 Spaces per 1,000 SF Leased)

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
  • -
  • Real Estate
  • -
  • -
  • -
  • -

Established in 1971, CENTURY 21 built its success one satisfied customer at a time through integrity, professionalism and commitment to quality service. Their strategic office locations allow them to better service their clients by providing increased exposure and market position throughout Monmouth, Ocean, Middlesex and Mercer Counties. At CENTURY 21 they pride ourselves in having 275+ Sales Professionals equipped with the best resources, mass and local advertising, and on-going training programs to enhance their knowledge of the latest real estate industry and financial services available. Their continued investments in marketing and technology generate massive leads which are captured and serviced through their unique and innovative Customer Service Center.

  • Circle of Life Hospice & Home Health
  • -
  • -
  • $14.01
  • Plus Utilities
  • -
  • Construction
  • -
  • -
  • -
  • -

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
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

Northwestern Mutual is a mutual financial services company headquartered in Milwaukee, Wisconsin. Founded in 1857, the firm operates as a mutual organization owned by its policyholders rather than shareholders. It provides a range of services including life insurance, disability income, long-term care coverage, annuities, and investment advisory solutions. The company also offers financial planning for retirement, estate, and business needs. Northwestern Mutual ranks among the largest U.S. life insurers and is consistently recognized for its financial strength, holding top ratings from major agencies. The organization distributes annual dividends to eligible policyholders, a practice maintained since 1872. With over 8,000 employees and a nationwide advisor network, Northwestern Mutual remains privately held and emphasizes long-term financial security for individuals and businesses.

  • 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 - - $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
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 103
  • 1,028 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 103 1,028 SF Office Full Build-Out Now

1st Fl-Ste 103

Size
1,028 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
148511000
Land Assessment
$69,245
Improvements Assessment
$98,100
Total Assessment
$167,345
Annual Taxes
$20,051 ($1.02/SF)
Tax Year
2024
  • Listing ID: 38120064

  • Date on Market: 10/17/2025

  • Last Updated:

  • Address: 8524 S Western Ave, Oklahoma City, OK 73139

Contact the Sale Advisor

STONEY CREEK | 8524 S Western Ave

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