Bldg 500 416 W 15th St 4,724 SF 62% Leased Office Building Edmond, OK 73013 $650,000 ($137.60/SF) 7.31% Cap Rate

EXECUTIVE SUMMARY

Monthly rental income currently brings in $3,962.00 / $47,544.00 per year.
Largest tenant lease expires 2/28/2028.
Suite C (1,581 sq ft) available for owner user or additional rental income.
Current yearly expenses $29,294.00

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,724 SF
Building Class
B
Year Built
1999
Price
$650,000
Price Per SF
$137.60
Cap Rate
7.31%
NOI
$47,544
Percent Leased
62%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,724 SF
Parking
25 Spaces (5.29 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Edmond Premier
  • -
  • -
  • $16.50
  • Full Service
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Edmond Premier - - $16.50 Full Service -
Professional, Scientific, and Technical Services - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste C
  • 1,581 SF
  • Office
  • Partial Build-Out
  • Now

ONE FREE MONTH RENT. Freshly remodeled suite. Amenities include Private entry, Kitchen/ Breakroom, Conference room, Abundant parking and great location surrounded by popular eateries.

  • 1st Fl-Ste D
  • 194 SF
  • Office
  • Full Build-Out
  • Now

Single Suite $500 per month + Internet. All other bills Included.

Space Size Space Use Condition Available
1st Fl-Ste C 1,581 SF Office Partial Build-Out Now
1st Fl-Ste D 194 SF Office Full Build-Out Now

1st Fl-Ste C

Size
1,581 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste D

Size
194 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

PROPERTY TAXES

  • Listing ID: 35406151

  • Date on Market: 4/8/2025

  • Last Updated:

  • Address: 416 W 15th St, Edmond, OK 73013