For Sale
$5,250,000

1161 36Th Ave Norman, OK 73072

Two buildings, 38,033 sq ft, $5.25M

Overview

Added:
Feb 3
Days on market:
78
This exceptional Norman, Oklahoma office complex presents a unique investment opportunity. Located on a 1.36-acre lot at the highly visible southeast corner of West Robinson and NW 36th Avenue, just west of I-35, this property comprises two office buildings totaling 38,033 square feet. The property boasts a recent appraisal of approximately $6.8 million, offering significant potential for appreciation. The buildings are currently partially occupied, with Armstrong Bank committed to a lease for a minimum of three to five years, providing immediate and stable income. Available office and retail spaces are offered for lease at a competitive rate of $20 per square foot, full service gross (FSG). This prime location provides excellent visibility and accessibility, making it ideal for a variety of businesses. The substantial size and strong tenant base make this a compelling investment opportunity for those seeking a high-return property in a thriving Norman market. The buildings offer a blend of existing tenancy and readily available space for immediate occupancy or future expansion, presenting a flexible and attractive proposition for discerning investors. The property's strategic location near I-35 ensures convenient access for employees and clients alike. This is a rare chance to acquire a well-maintained, high-value office complex in a desirable location.

Property Details for 1161 36Th Ave

Property type
Office properties
Square Feet
38,033 SF
Year Built
2002
Lot Size (sq. ft)
59,242 SF

Location Insight

City
Norman
County
Cleveland
State
Oklahoma
Latitude
35.23241
Longitude
-97.49399

FAQs

What type of property is this?
Office property - Two buildings, 38,033 sq ft, $5.25M
Where is the office property located?
The property is located at 1161 36Th Ave Norman, OK.
What is the asking price?
The asking price for this property is $5,250,000.
How can I contact the broker?
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1161 36Th Ave
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