307 S 7th St - Office FOR SALE


Chickasha, OK 73018
$600,000 USD
405-320-0098
307 S 7th St, Chickasha, OK for Sale
$600,000 USD
Office - FOR SALE
1/16
null | 8.84% Cap Rate

Jun '26


307 S 7th St
Chickasha, OK 73018


OVERVIEW

Well-maintained and tastefully remodeled 4,138 SF office building offering strong in-place returns with additional upside potential. The property is currently leased on a month-to-month basis, providing immediate income along with flexibility for an owner-user or investor repositioning strategy. This ADA-compliant facility features a highly functional layout suitable for a variety of uses including medical, counseling, office, or service-based businesses. Renovated approximately five years ago, the property is move-in ready and designed for efficiency and versatility. ?? Property Features Multiple private offices Large conference room Reception area Open/group workspace Breakroom and lounge area Laundry room Multiple storage areas Additional flex rooms (visitation/playrooms) Three HVAC units Ample on-site parking with accessible spaces Financial Overview (Pro Forma) Building Size: 4,138 SF Projected Rent: $10.00/SF/YR Gross Annual Income: $41,380 Operating Expenses: Property Taxes: $1,213 (actual) Insurance: $2,000 Maintenance/Repairs: $3,000 Reserves/Misc: $2,000 Total Expenses: $8,213 Net Operating Income (NOI): $33,167 Investment Highlights 8.84% Cap Rate at $375,000 Tenant-paid utilities reduce landlord expenses Extremely low property taxes enhance returns Month-to-month lease allows rent increases or occupancy Ideal for investors or owner-users Value-Add Opportunity Increasing rents to $12/SF yields: NOI: $41,443 ~11% Cap Rate at $375,000 Summary This asset offers a rare combination of strong cash flow, low operating expenses, and flexible leasing structure, making it ideal for investors seeking yield or owner-users looking for a well-equipped, income-producing property.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

8.84%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,716 SF

ZONING

-

APN/PARCEL ID

C001-00-065-019-0-000-00

ASK ABOUT THIS PROPERTY

Shari BruntAlways Real EstateMore Info
405-320-0098

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Shari BruntAlways Real EstateMore Info
405-320-0098

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