4500 N Classen Boulevard

This highly-visible 2-story office building is perfect for a growing business.  Built in 1972, the building has been beautifully updated and maintained by the owners, Gilbraltar Construction.  The existing tenants are on short-term leases which could provide income for a new owner and/or allow them the opportunity to quickly expand as needed. In addition to a large surface parking lot, the property has underground parking.  

4500 N Classen
Property Highlights:
  • Unique 8,500 SF office building with a completely remodeled interior.

  • First floor has 1,000 square feet of move-in ready vacancy.  

  • Existing leases are short-term or month-to-month which allows a Buyer to immediately expand beyond the vacancy.

  • Current lease rates are well-below market which offers the opportunity to increase the net operating income.

  • Underground parking in addition to plenty of surface parking.

  • Highly visible on N Classen Boulevard.

  • Quick access to I-44, I-235, I-35 and the CBD.  Also close to restaurants and retail.

  • New roof installed in 2010 with 25-year warranty.

  • Asking price:  $1,150,000.

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This information is provided for information purposes only.  It is from sources believed to be reliable.  However, Kriegel Commercial Real Estate makes no warranties or representations, expresssed or implied, as to the accuracy or sufficiency of the information.  It is presented subject to errors, omissions, changes or withdrawal without notice.  Square footage per owner or the Oklahoma County Assessor.  

PO Box 20309   |   Oklahoma City, OK 73156

405.695.6500   |   info@okcoffice.com

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