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STONEY CREEK 8524 S Western Ave 19,630 SF 87% Leased Office Building Oklahoma City, OK 73139 $2,455,938 CAD ($125.11 CAD/SF) 8.79% Cap Rate



Investment Highlights
- PRICED AT ONLY $91 SF
- PROFORMA - 9.55% CAP with scheduled rent bumps
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$296,235
|
$15.09
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$296,235
|
$15.09
|
| Taxes |
$27,358
|
$1.39
|
| Operating Expenses |
$53,055
|
$2.70
|
| Total Expenses |
$80,413
|
$4.10
|
| Net Operating Income |
$215,822
|
$10.99
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $296,235 |
| Annual Per SF | $15.09 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $296,235 |
| Annual Per SF | $15.09 |
| Taxes (CAD) | |
|---|---|
| Annual | $27,358 |
| Annual Per SF | $1.39 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $53,055 |
| Annual Per SF | $2.70 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $80,413 |
| Annual Per SF | $4.10 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $215,822 |
| Annual Per SF | $10.99 |
Property Facts
Amenities
- 24 Hour Access
- Courtyard
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Calvert Property Inspections, LLC
- -
- -
- $19.44 CAD
- Triple Net
- -
Century 21 is a global real estate franchise network that provides residential and commercial property services through independently owned and operated offices. Established in 1971, the company has grown into one of the most recognized brands in the real estate industry, with a presence in multiple countries across North America, Europe, Asia, and beyond. Its core services include property sales, leasing, and relocation assistance, supported by marketing tools and technology platforms designed to enhance client engagement. The organization operates under a franchise model, enabling local entrepreneurs to leverage the Century 21 brand while maintaining operational independence. Century 21 is privately held and continues to expand its footprint through strategic partnerships and franchise development. The company emphasizes training and resources for affiliated agents to maintain service standards and adapt to evolving market trends.
- Circle of Life Hospice & Home Health
- -
- -
- $19.12 CAD
- Plus Utilities
- -
EK Energy (along with its affiliates, collectively “EK”), is an independent oil and gas company headquartered in Edmond, Oklahoma. EK is a volumetric acquisitions company, focused on finding oil and gas reserves primarily in Oklahoma’s Anadarko Basin. Our approach originates from a unique Petrophysical intensive process, which provides for the most optimal exploratory outcome. We take great pride in offering a competitive value to mineral owners when leasing and purchasing their mineral rights. We employ a volumetric style when acquiring non-operated leasehold and existing working interest positions, which allows us to establish varied levels of participation for our company, our partner companies and our investors. Our aggressive approach further enables EK to build prospects large enough to dictate operational control, thus, ensuring development is placed in the hands of reputable operating companies.
- Kristin H. Pitts
- -
- -
- $16.89 CAD
- Modified Gross
- -
- McCall's Community Homes, Inc.
- -
- -
- $13.64 CAD
- Modified Gross
- -
Northwestern Mutual is a privately held mutual financial services organization headquartered in Milwaukee, Wisconsin. Founded in 1857, the company provides a range of insurance and financial planning solutions, including life insurance, disability income insurance, long-term care insurance, annuities, investment advisory services, and wealth management. As a mutual company, Northwestern Mutual is owned by its policyowners rather than public shareholders. The firm operates through a nationwide network of financial advisors supported by corporate operations in Milwaukee and additional offices in major U.S. markets. Northwestern Mutual also manages a large institutional investment platform supporting its insurance and wealth management businesses. The company remains privately held and does not trade publicly, distinguishing it from publicly listed financial services firms. Its headquarters campus is a major employer and office presence in downtown Milwaukee.
- Renaissance Legal Solutions, LLC
- -
- -
- $14.61 CAD
- Plus Utilities
- -
- The Real Estate Lab
- -
- -
- $17.67 CAD
- Full Service
- -
- Your Property Stop Real Estate
- -
- -
- $16.37 CAD
- Modified Gross
- Aug 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Calvert Property Inspections, LLC | - | - | $19.44 CAD | Triple Net | - | |
|
Real Estate | - | - | - | - | |
| Circle of Life Hospice & Home Health | - | - | $19.12 CAD | Plus Utilities | - | |
|
Construction | - | - | - | - | |
| Kristin H. Pitts | - | - | $16.89 CAD | Modified Gross | - | |
| McCall's Community Homes, Inc. | - | - | $13.64 CAD | Modified Gross | - | |
|
Finance and Insurance | - | - | - | - | |
| Renaissance Legal Solutions, LLC | - | - | $14.61 CAD | Plus Utilities | - | |
| The Real Estate Lab | - | - | $17.67 CAD | Full Service | - | |
| Your Property Stop Real Estate | - | - | $16.37 CAD | Modified Gross | Aug 2028 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
First month free with 3 year lease term.
First month free with 3 year lease term.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 103 | 1,028 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 109 | 1,575 SF | Office | - | Now |
1st Fl-Ste 103
| Size |
| 1,028 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 109
| Size |
| 1,575 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 103
| Size | 1,028 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
First month free with 3 year lease term.
1st Fl-Ste 109
| Size | 1,575 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
First month free with 3 year lease term.
Property Taxes
| Parcel Number | 148511000 | Total Assessment | $228,849 CAD (2025) |
| Land Assessment | $94,695 CAD (2025) | Annual Taxes | $27,358 CAD ($1.39 CAD/SF) |
| Improvements Assessment | $134,155 CAD (2025) | Tax Year | 2024 |
Property Taxes
Presented by
STONEY CREEK | 8524 S Western Ave
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