Owner/User Opp. - Adjacent to Mercy Campus | 4207 W Memorial
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Owner/User Opp. - Adjacent to Mercy Campus 4207 W Memorial
18,860 SF Office Building Oklahoma City, OK 73134 $6,024,247 CAD ($319 CAD/SF) 7.92% Cap Rate
Investment Highlights
- Modern building, ideal for office or medical use
- Strategically positioned on Kilpatrick Turnpike, offering prime visibility
- Constructed in 2015, showcasing contemporary design andfunctionality
- Prominent signage opportunities on the building exterior
Executive Summary
Phillip Mazaheri, CCIM is proud to present a prime owner/user medical office opportunity in the heart of the thriving Memorial Corridor in the Oklahoma City Metro area. The property, located at 4207 West Memorial Road, offers an expansive 18,860 SF building, meticulously constructed in 2015. Boasting a highly sought-after location on Kilpatrick Turnpike just west of Portland, this modern space provides investor-ready Tenant Improvements, making it an ideal choice for office and medical professionals. With the added benefit of available building signage along Memorial Road and Kilpatrick Turnpike, this property presents a compelling opportunity for those seeking a prestigious and functional space to elevate their business operations.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$477,120
|
$25.30
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $477,120 |
| Annual Per SF | $25.30 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
18,860 SF
Building Class
B
Year Built
2015
Price
$6,024,247 CAD
Price Per SF
$319 CAD
Cap Rate
7.92%
NOI
$477,120 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
9,430 SF
Slab To Slab
12’
Building FAR
0.26
Lot Size
1.68 AC
Zoning
PUD-1198 - Planned Unit Development
Parking
80 Spaces (4.24 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Hanger Clinic
- Health Care and Social Assistance
- 18,860 SF
- $25.30 CAD
- Net
- Jan 2025
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Hanger Clinic | Health Care and Social Assistance | 18,860 SF | $25.30 CAD | Net | Jan 2025 |
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PROPERTY TAXES
| Parcel Number | 212811000 | Improvements Assessment | $295,038 CAD |
| Land Assessment | $90,502 CAD | Total Assessment | $385,540 CAD |
PROPERTY TAXES
Parcel Number
212811000
Land Assessment
$90,502 CAD
Improvements Assessment
$295,038 CAD
Total Assessment
$385,540 CAD
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Owner/User Opp. - Adjacent to Mercy Campus | 4207 W Memorial
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