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Red Tree Center 800 NE 63rd St

11,373 SF 100% Leased Office Building Oklahoma City, OK 73105 $725,000 ($64/SF) 7.62% Cap Rate

Investment Highlights

  • Proximate Ingress Egress to I-44
  • Sustained High Occupancy
  • Excellent Visibility
  • Owner Finance Available

Executive Summary

Owner Finance Available.
800 NE 63rd was renovated in 2017 with remodeled secure offices, controlled entry, common areas, and landscaping. Highly visible from NE 63rd Street with sustained low vacancy rates and tenant turnover.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
11,373 SF
Building Class
B
Year Built
1981
Price
$725,000
Price Per SF
$64
Cap Rate
7.62%
NOI
$55,250
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,791 SF
Slab To Slab
10’
Building FAR
0.29
Land Acres
0.89 AC
Zoning
Commercial - Zoned O-2; General Office
Parking
49 Spaces (4.31 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Controlled Access
  • Conferencing Facility
  • Security System

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
149790265
Land Assessment
$6,385
Improvements Assessment
$47,352
Total Assessment
$53,737
  • Listing ID: 31752229

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 800 NE 63rd St, Oklahoma City, OK 73105

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