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Executive Summary

Portland Plaza presents a compelling opportunity to acquire a strategically located 37,914 SF office/medical investment property in Northwest Oklahoma City’s established medical corridor, immediately south of Northwest Expressway with convenient access to Interstate 44 and adjacent to Integris Health Baptist Medical Center. The Property is currently 82% occupied and anchored by a stable mix of medical and office tenants, including Oklahoma City Indian Clinic, United Systems, and INTEGRIS Wound Care, providing in-place cash flow with additional upside through the lease-up of approximately 6,830 SF of move-in ready vacancy and a potential outparcel/pad site opportunity. Since acquiring the Property in 2015, ownership has made substantial capital improvements, including major HVAC upgrades, remote building monitoring systems, security enhancements, $110,000+ in elevator improvements, and a new TPO roof section, positioning the asset for continued long-term performance with reduced future capital needs.

Attachments

Flyer Portland

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
37,914 SF
Building Class
B
Year Built/Renovated
1972/2016
Price
$5,946,702 CAD
Price Per SF
$156.85 CAD
Cap Rate
7.53%
NOI
$447,903 CAD
Percent Leased
83%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
12,638 SF
Slab To Slab
12’
Building FAR
0.32
Lot Size
2.75 AC
Zoning
O-2 - General Office
Parking
126 Spaces (3.32 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Byram offers quality single-use disposable healthcare supplies from trusted brands for Diabetes, Ostomy, Wound Care, Urology, Incontinence, and they also supply Breast Pumps through Insurance. Their team will recommend the right products for their clients that are covered by their insurance. Byram mission is to be the partner of choice to help improve health outcomes and affordability of care for people living with chronic diseases. Their employees are committed to making a positive difference in the lives of their customers. From expertise in product recommendations to navigating the complexities of the insurance coverage landscape, these are reasons why customers trust Byram for fulfilling their medical supply needs. Recent Byram Reviews can attest to this.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance - - Lorem Ipsum Jan 0000
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
149841010
Land Assessment
$48,953 CAD
Improvements Assessment
$413,009 CAD
Total Assessment
$461,962 CAD
  • Listing ID: 40601304

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 5700 N Portland Ave, Oklahoma City, OK 73112

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