Auction - Value Add Oklahoma City Office | 46,054 SF… — Sale in Oklahoma City, OK

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Oklahoma City, OK 73104

Photos

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Description

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3070/office/oklahoma-city/ok Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, Bricktown Central, located at 114-120 East Sheridan Avenue in the heart of Oklahoma City’s Bricktown district is a 46,054-square-foot value-add office offered significantly below replacement cost, creating an exceptional opportunity for investors/owners to acquire a highly visible downtown office asset. The asset comprises three interconnected early-1900s warehouse buildings with masonry construction, skylit common areas, garden-style entrances and a flexible mix of 27 suites. The property is 27.62% occupied, with 12,721 square feet leased, creating substantial runway for lease-up, repositioning and improved operating performance. Bricktown Central is surrounded by hotels, restaurants, entertainment venues and major downtown employers, with convenient access to I-40 and I-235. The property is approximately 0.2 mile from the Ballpark streetcar stop and Santa Fe Hub and 0.3 mile from the Oklahoma City Amtrak station, connecting it to the broader downtown area and regional transportation network. The Oklahoma Health Center, State Capitol and planned Continental Coliseum further reinforce the location’s long-term demand drivers. With distinctive historic character, flexible tenant configurations and significant existing vacancy, the offering provides investors a clear value-add opportunity in one of Oklahoma City’s most recognizable urban districts. Investment Highlights: • STARTING BID $400,000 | Value Add Oklahoma City Office | 46,054 SF | 27.62% Occupied | AUCTION NOVEMBER 2-4 • Distinctive Bricktown Value-Add Office - Three interconnected former warehouse buildings total 46,054 SF in downtown Oklahoma City. • Current Occupancy Creates Leasing Upside - With 12,721 SF occupied, substantial vacancy provides clear runway to expand revenue and NOI. • Flexible

Market Context

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