For Auction

Value Add Oklahoma City Office | 46,054 SF | 18.75% Occupied

114 - 120 East Sheridan Ave,
Oklahoma City, OK 73104
Represented by
Marcus & Millichap

Asset Snapshot

Real Estate
Asset Type
Office
Property Type
3
Building Count
18.75%
Occupancy
46,054 SF
Property Size

Investment Highlights

Distinctive Bricktown Value-Add Office
Three interconnected former warehouse buildings total 46,054 SF in downtown Oklahoma City.
Current Occupancy Creates Leasing Upside
With 8,635 SF occupied, substantial vacancy provides clear runway to expand revenue and NOI.
Flexible Suites for Multiple Tenant Types
Twenty-seven units and varied layouts support incremental absorption by small and midsize users.
Expanding Urban Customer and Labor Base
14% Population Growth from 2020-2025 and 4.55% Growth Projected from 2025-2030 (3-Mile).
Walkable Downtown Transit Connectivity
Streetcar stops, Santa Fe Hub and Amtrak service are all located within approximately 0.3 mile.
Surrounded by Major Activity Generators
Nearby hotels, dining, entertainment, I-40 and I-235 support regional visibility and access.

Offering Summary

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 18.75% occupied, with 8,635 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.

Due Diligence

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

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Auctioneer

Richard Shawn Terrel
c/o Fisher Auction Company Inc.
License: BK#: 134099

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Auction Opens In
48d 19h 21m 26s
$400,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

TS
Tim Speck
Marcus & Millichap
OK License: 149994

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.