1401 S Douglas Blvd - Office FOR SALE


Midwest City, OK 73130
$2,750,000 USD
918-269-8586
1401 S Douglas Blvd, Midwest City, OK for Sale
$2,750,000 USD
Office - FOR SALE
1/17
null | Request Cap Rate

1401 S Douglas Blvd
Midwest City, OK 73130


OVERVIEW

The offered property represents an opportunity to acquire a stabilized Class-B office investment located in Midwest City near Tinker Air Force Base, the region’s second largest economic driver. Built in 2002, the property sits at the signalized corner of 15th Street and Douglas Boulevard, providing strong visibility and convenient access to the surrounding commercial corridor. Douglas Boulevard, particularly the one-mile stretch immediately south of the property, functions as a highly active retail corridor that leads directly to the future main gate of Tinker Air Force Base. This corridor features a dense concentration of nationally recognized quick-service restaurant brands and other retail operators that benefit from consistent traffic generated by the base, nearby residential neighborhoods, and daily commuter flow. The asset consists of nine (9) tenant suites ranging from approximately 900 square feet to 4,187 square feet, creating a diversified rent roll with a mix of office, retail, and light medical users. Several tenants have occupied the property for more than 15 years, demonstrating long-term stability and demand for the location. Woodlands Office Park also benefits from strong accessibility, with Interstate 40 located approximately one mile to the south, providing convenient connectivity to the greater Oklahoma City metro. At the time of offering, two suites are currently vacant, presenting an opportunity for a new owner to increase occupancy and drive additional income through lease-up, creating near-term upside potential.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

C-3

APN/PARCEL ID

203511230

ASK ABOUT THIS PROPERTY

Brad RiceNewmark Robinson ParkMore Info
918-269-8586

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Brad RiceNewmark Robinson ParkMore Info
918-269-8586

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.