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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

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Investment Highlights

  • PRICED AT ONLY $91 SF
  • PROFORMA - 9.55% CAP with scheduled rent bumps

Attachments

SALES BROCHURE

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

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
19,630 SF
Building Class
B
Year Built/Renovated
1982/2019
Price
$2,455,938 CAD
Price Per SF
$125.11 CAD
Cap Rate
8.79%
NOI
$215,822 CAD
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,630 SF
Building FAR
0.23
Lot Size
2.00 AC
Zoning
O-2 - General Office
Parking
88 Spaces (4.48 Spaces per 1,000 SF Leased)

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
  • -
  • Real Estate
  • -
  • -
  • -
  • -

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
  • -
  • Construction
  • -
  • -
  • -
  • -

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
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

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
  • 1st Fl-Ste 103
  • 1,028 SF
  • Office
  • Full Build-Out
  • Now

First month free with 3 year lease term.

  • 1st Fl-Ste 109
  • 1,575 SF
  • Office
  • -
  • Now

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

Property Taxes

Parcel Number
148511000
Land Assessment
$94,695 CAD (2025)
Improvements Assessment
$134,155 CAD (2025)
Total Assessment
$228,849 CAD (2025)
Annual Taxes
$27,358 CAD ($1.39 CAD/SF)
Tax Year
2024
  • Listing ID: 38120064

  • Date on Market: 2025-10-17

  • Last Updated:

  • Address: 8524 S Western Ave, Oklahoma City, OK 73139

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