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

$400,000

114-120 East Sheridan Avenue, Oklahoma City, OK 73104

Active
Last Updated: 09/24/2026

46,054 sqft

Building Size

18.75

Occupancy

Details:
Building Size:    46,054 sqft
Occupancy:    18.75%
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.
Description:

For more information visit:
https://rimarketplace.com/auction/3070/office/oklahoma-city/ok?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=november4_2026&utm_content=office_3070

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.


Bidding Opens
Nov 03 1:00 AM
Bidding Closes
Nov 05 1:00 AM

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