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Customer Care Center 7720 NW 85th Ter 35,862 SF Office Building Oklahoma City, OK 73132 $9,305,484 CAD ($259.48 CAD/SF) 7.52% Cap Rate
Investment Highlights
- 100% Leased to Epic Charter Schools, one of Oklahoma’s largest public charter school systems.
- Annual lease ratification tied to legislative funding.
- Purpose-selected facility, consolidating multiple locations.
- Long-term lease extending through June 30, 2037, with annual rent increases –approx. 1.2% annually.
- 2.88 AC of expansion land available to purchase
- Building Generator – 500KW Cummins Onan Generator
Executive Summary
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.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
35,862 SF
Building Class
A
Year Built/Renovated
1997/2020
Price
$9,305,484 CAD
Price Per SF
$259.48 CAD
Cap Rate
7.52%
NOI
$699,772 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
35,862 SF
Building FAR
0.19
Lot Size
4.23 AC
Zoning
PUD-262 - PUD - 262
Parking
462 Spaces (12.88 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 125761053 | Improvements Assessment | $4,895,242 CAD |
| Land Assessment | $511,139 CAD | Total Assessment | $5,406,382 CAD |
Property Taxes
Parcel Number
125761053
Land Assessment
$511,139 CAD
Improvements Assessment
$4,895,242 CAD
Total Assessment
$5,406,382 CAD
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Customer Care Center | 7720 NW 85th Ter
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