7720 NW 85th Ter - Office FOR SALE


Oklahoma City, OK 73132- Wilshire Ridge
$6,675,000 USD
405-819-1638
7720 NW 85th Ter, Oklahoma City, OK for Sale
$6,675,000 USD
Office - FOR SALE
1/20
null | 7.52% Cap Rate

7720 NW 85th Ter
Oklahoma City, OK 73132
Wilshire Ridge


HIGHLIGHTS

  • 100% Leased to Epic Charter Schools, one of Oklahoma’s largest public charter school systems.
  • Long-term lease extending through June 30, 2037, with annual rent increases –approx. 1.2% annually.
  • Annual lease ratification tied to legislative funding.
  • 2.88 AC of expansion land available to purchase
  • Purpose-selected facility, consolidating multiple locations.
  • Building Generator – 500KW Cummins Onan Generator

OVERVIEW

Single-tenant investment opportunity featuring a 35,862 SF office/flex facility fully leased to EPIC Charter Schools, Oklahoma’s largest public virtual charter school. Offered at $6,675,000 based on a 7.52% capitalization rate. The absolute NNN lease has a stated term through June 30, 2037, with annual rent increases and is subject to annual mutual ratification following confirmation of state funding. The property benefits from 462 parking spaces through on-site parking and a recorded cross-access and parking agreement, providing an exceptional ratio of 12.9 spaces per 1,000 SF. An adjoining 2.88-acre tract is also available separately for approximately $375,000, offering future expansion or additional development potential. Contact broker for the offering memorandum and financial information.

FOR SALE DETAILS

PRICE

$6,675,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

7.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Customer Care Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

462

LAND DETAILS

LAND ACRES

4.23 AC

LAND SF

184,259 SF

ZONING

PUD-262

APN/PARCEL ID

125761053

ASK ABOUT THIS PROPERTY

Eric WilliamsMcGee Commercial Real EstateMore Info
405-819-1638

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Eric WilliamsMcGee Commercial Real EstateMore Info
405-819-1638

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