307 S 7th St 4,868 SF Office Building Chickasha, OK 73018 $821,826 CAD ($168.82 CAD/SF) 8.84% Cap Rate

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.

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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.