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524 W Iola St 4,800 SF Office Building Broken Arrow, OK 74012 $1,739,112 CAD ($362.32 CAD/SF) 6.57% Cap Rate
Executive Summary
504 W Iola St.,(See Loopnet Listing) This is a Modified Net Lease. Tenant is Golden Steps ABA. Year 2 (2/2024) of a 10 Year Lease (4/2034). The 504 Building is a 4800SF Pre-Engineered Steel Building built in 2022. $1,250,000.00 ($260.00 PSF)
527 W EL Paso (See Loopnet Listing) is available separately or bought together with the Iola property package. EL Paso is located in Broken Arrow's Rose District with Elm Street frontage. The EL Paso Building is Under Construction and is expected to Complete 1/2026. The building consists of 4000 SF Pre-Engineered Steel Building (Clear-Span) Brick Veneer. $1,090,000.00 ($260.00 PSF)
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$150,693
|
$31.39
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$150,693
|
$31.39
|
| Taxes |
$18,883
|
$3.93
|
| Operating Expenses |
$36,207
|
$7.54
|
| Total Expenses |
$55,090
|
$11.48
|
| Net Operating Income |
$95,604
|
$19.92
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $150,693 |
| Annual Per SF | $31.39 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $150,693 |
| Annual Per SF | $31.39 |
| Taxes (CAD) | |
|---|---|
| Annual | $18,883 |
| Annual Per SF | $3.93 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $36,207 |
| Annual Per SF | $7.54 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $55,090 |
| Annual Per SF | $11.48 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $95,604 |
| Annual Per SF | $19.92 |
Property Facts
Amenities
- 24 Hour Access
- Bus Line
- Signage
- Storage Space
- Partitioned Offices
- Drop Ceiling
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
Advanced Orthopedics of Oklahoma is a privately held orthopedic practice headquartered in Tulsa, Oklahoma. The organization was formed in 2017 through the merger of Central States Orthopedics and Eastern Oklahoma Orthopedic Center, creating the largest orthopedic group of fellowship-trained specialists in Northeast Oklahoma. The practice offers comprehensive services including orthopedic surgery, sports medicine, joint replacement, trauma care, and physical therapy. Advanced Orthopedics operates multiple clinics and therapy centers across the region, supported by a team of board-certified physicians, physician assistants, and rehabilitation professionals. The group also provides urgent orthopedic care for acute injuries.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | - |
Property Taxes
| Parcel Number | 80610-84-11-13800 | Total Assessment | $146,764 CAD |
| Land Assessment | $17,895 CAD | Annual Taxes | $18,883 CAD ($3.93 CAD/SF) |
| Improvements Assessment | $128,870 CAD | Tax Year | 2025 |
Property Taxes
Presented by
524 W Iola St
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