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29637224
29637237

6400 S Lewis Avenue, Tulsa, OK 74136

NW
OK 204141, AR EB00086286
Eagle Rock Realty & Prop Mgmt
Listed by Eagle Rock Realty & Prop Mgmt
$2,875,000
117 days on market
Updated 72 days ago

6400 S Lewis Avenue

Details
Property Type Office, Special Purpose
Sub Type Traditional Office, Recreational
Square Footage 27,439
Cap Rate 7.3%
NOI $210,000
Occupancy 95%
Year Built 1982
Stories 2
Acreage 2.615
Investment Type Value Add

Office | 7.30% CAP | 27,439 SqFt

Marketing description

Situated directly across from Southern Hills Country Club, this office complex offers opportunity for growth in the form of lease renewals, and operating expense mitigation. With ample parking, frontage to S. Lewis Avenue, and scenic features, such as ponds, mature trees, and landscaping, this office park has been home to many long-standing tenants, as well as new tenants. Updates include: complete renovations of nearly 80% of the leasable spaces in 2022, new portions of roof in 2023, new Chiller for the west building in 2025, and new boiler in the east building in 2022, and new well pump, which services the western ponds, in 2025. Seller is willing to credit up to 2% of the sale price to the Buyer at Closing, which the Buyer can use to accomplish additional updates as they please. Property appraised for $2,980,000 in May of 2025. Inquire today, and find out what makes this opportunity advantageous for the next Buyer! Seller Financing via Contract for Deed Agreement, could be available. A Member of the Seller's Entity holds an active Oklahoma Real Estate License.
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Listing Contacts

NW
OK 204141, AR EB00086286
Eagle Rock Realty & Prop Mgmt
Listed by Eagle Rock Realty & Prop Mgmt

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$210,000.00
$17,500.00/mo

Valuation Metrics

0
DSCR
7.3%
Cap Rate
7.3%
ROI

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Additional Information

Name
Nick Wood
License
204141
Brokerage
Eagle Rock Realty & Property Management, LLC
Brokerage Phone
918-740-7787
Title
Principal Broker
Brokerage Address
3015 East Skelly Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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