Denver Building | 624 S Denver Ave
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Denver Building 624 S Denver Ave
25,946 SF 90% Leased Office Building Tulsa, OK 74119 $3,189,307 CAD ($123 CAD/SF) 5.32% Cap Rate
Investment Highlights
- top floor is a new build finished Jan 2024 ( modern/industrial design)
Executive Summary
Newer Roof, 3rd Floor Industrial Modern Build Out 2024, OPPORTUNITY ZONE, DOWNTOWN TULSA, Four Levels: Walk-out Basement, 1st, 2nd & 3rd Floor. The Two Front Office Areas on Level 1 were recently remodeled, the 2nd and 3rd floors were added to the building in 2002, Level 2 build out was completed in 2002, 3rd floor build out 2024, 5.3% cap rate w more spaces to lease out, perfect for an owner occupant located by Courthouse and within walking distance of the Entertainment/Restaurant District. Beautifully positioned on a soft corner w Primary Frontage to Denver & Secondary to 7th Street, 28,712 GSF,
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Building Size
25,946 SF
Building Class
B
Year Built/Renovated
1957/2023
Price
$3,189,307 CAD
Price Per SF
$123 CAD
Cap Rate
5.32%
NOI
$169,671 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,487 SF
Slab To Slab
10’
Building FAR
3.72
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
CBD - Office -light commercial - Executive space - located in approved opportunity zone
Parking
50 Spaces (1.93 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Kitchen
- Accent Lighting
- Common Parts WC Facilities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 3rd Floor | 7,000 SF | Office | Shell Space | Now |
3rd Floor
| Size |
| 7,000 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Floor
| Size | 7,000 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
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Walk Score ®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 00500-92-01-40620 | Improvements Assessment | $158,378 CAD |
| Land Assessment | $27,040 CAD | Total Assessment | $185,418 CAD |
PROPERTY TAXES
Parcel Number
00500-92-01-40620
Land Assessment
$27,040 CAD
Improvements Assessment
$158,378 CAD
Total Assessment
$185,418 CAD
1 of 40
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Denver Building | 624 S Denver Ave
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