Denver Building | 624 S Denver Ave
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Denver Building 624 S Denver Ave
25,946 SF 73% Leased Office Building Tulsa, OK 74119 $1,925,000 ($74/SF) 5.19% 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, the Level 2 build-out was completed in 2002, 3rd-floor modern industrial build-out was completed in 2024, located by the 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
$1,925,000
Price Per SF
$74
Cap Rate
5.19%
NOI
$100,000
Percent Leased
73%
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 | 5,000-7,000 SF | Office | Shell Space | Now |
3rd Floor
| Size |
| 5,000-7,000 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Floor
| Size | 5,000-7,000 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 | $125,300 |
| Land Assessment | $13,300 | Total Assessment | $138,600 |
PROPERTY TAXES
Parcel Number
00500-92-01-40620
Land Assessment
$13,300
Improvements Assessment
$125,300
Total Assessment
$138,600
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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