2701 NW 39th St - Office FOR SALE


Oklahoma City, OK 73112- Community 2000
$625,000 USD
806-407-0773
2701 NW 39th St, Oklahoma City, OK for Sale
$625,000 USD
Office - FOR SALE
1/4
null | 11.2% Cap Rate

2701 NW 39th St
Oklahoma City, OK 73112
Community 2000


OVERVIEW

Property Overview A well-positioned 6,864 SF two-story commercial building offering exceptional visibility along a major Oklahoma City corridor. The property is currently vacant and available for immediate occupancy or investment, with flexibility to accommodate a single user, multi-tenant configuration, or owner-occupant. Whether you’re an investor seeking a value-add opportunity below replacement cost, a business owner looking to plant a flag in a high-visibility location, or a tenant searching for a space that grows your brand, this property offers a rare combination of location, flexibility, and condition. Property Highlights • 6,864 SF across two stories — flexible floor plate for single or multi-tenant use • Major highway frontage with strong daily traffic counts and signage opportunity • 25 dedicated parking spaces (~4.12 per 1,000 SF) — well above market average • 0.36-acre lot with O-2 zoning • Roof under 7 years old — major capital expense already addressed • 3 of 6 HVAC units recently replaced — significant mechanical investment in place • Previously occupied for 5 years by a stable nonprofit tenant — proven, functional space • Vacant and available for immediate transition or build-out Sale Opportunity Priced at $625,000 OBO — this property offers built-in equity and clear upside through cosmetic and functional updates. The heavy infrastructure investments (roof, partial HVAC) are already complete, allowing renovation capital to be directed toward the finishes and improvements that drive lease rates and tenant demand. Ideal for: • Investors seeking a value-add asset with strong fundamentals • Owner-users who want long-term equity instead of rent expense • 1031 exchange buyers in need of a quality replacement asset • Buyers who recognize that the best returns come from creating value, not paying for it Lease Opportunity Available for lease at $13.00–$22.00/SF, inclusive of NNN expenses of $5.00–$7.00/SF. Lease rate and tenant improvement allowance are dependent on lease term and credit. Full-building lease preferred; divisible configurations considered for the right tenant mix. Ideal for: • Professional services, medical, behavioral health, or wellness providers • Nonprofits and community-serving organizations (proven use case) • Owner-operators wanting a high-visibility headquarters • Multi-tenant build-outs designed around tenant needs The Bottom Line Highway frontage, ample parking, recent capital improvements, and flexible terms — whether you’re buying or leasing, this property is positioned to deliver real value to the right user.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

11.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

JIROUS BUILDING

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

O-2

APN/PARCEL ID

059353990

ASK ABOUT THIS PROPERTY

Stephen MedleyEXIT Realty of LubbockMore Info
806-407-0773

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Stephen MedleyEXIT Realty of LubbockMore Info
806-407-0773

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.