12000 PENN CENTRE | 12000-12044 N Pennsylvania Ave
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12000 PENN CENTRE 12000-12044 N Pennsylvania Ave
11,840 SF 100% Leased Office Building Oklahoma City, OK 73120 $1,650,000 ($139/SF) 5.14% Cap Rate
Investment Highlights
- Great Location! Easy access to Downtown and Edmond!
- Single Story Office Suites with ample parking!
- Close to Interstate Highways and the Turnpike!
Executive Summary
The 12000 Penn Center is well located just south of NW 122nd Street on the eastside of North Pennsylvania Avenue at the NE corner of Heritage Park Drive and North Pennsylvania Avenue in north Oklahoma City. The longtime Owner has maintained the property well and it is in excellent condition. There is no vacancy. The history of the 12000 Penn Center has been to have 100% occupancy for long periods of time!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
11,840 SF
Building Class
B
Year Built
1981
Price
$1,650,000
Price Per SF
$139
Cap Rate
5.14%
NOI
$84,738
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,840 SF
Building FAR
0.30
Lot Size
0.91 AC
Zoning
Office
Parking
45 Spaces (3.8 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Signage
- Central Heating
- Fully Carpeted
- Drop Ceiling
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Michael Biddinger Real Estate Inc
- Real Estate
-
99,999 SF
- -
- -
-
Jan 0000
- P S We Can Help Inc
- Administrative and Support Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Strata Minerals Inc
- Mining, Quarrying, and Oil and Gas Extraction
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Michael Biddinger Real Estate Inc | Real Estate | 99,999 SF | - | - | Jan 0000 | |
| P S We Can Help Inc | Administrative and Support Services | 99,999 SF | - | Lorem Ipsum | - | |
| Strata Minerals Inc | Mining, Quarrying, and Oil and Gas Extraction | 99,999 SF | - | Lorem Ipsum | - |
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $153,917 | |
| Land Assessment | $31,080 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $122,837 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$31,080
Improvements Assessment
$122,837
Total Assessment
$153,917
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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12000 PENN CENTRE | 12000-12044 N Pennsylvania Ave
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