Del City Office Suites presents a rare opportunity to acquire a stabilized three-building, garden-style office portfolio located in a vibrant corridor of Del City, Oklahoma. Totaling ±18,300 square feet across three identical buildings, the portfolio is 100% leased, providing investors with reliable rental income. All buildings were constructed in 2014 with modern construction and efficient floor plans, designed to accommodate a mix of small to mid-sized tenants with suites ranging from ±700 SF to ±1,650 SF.
Strategically located with direct access to Interstate 40, the property is just minutes from downtown Oklahoma City, Tinker Air Force Base, and an array of surrounding retail and dining amenities. The tenant base is secured on short- to mid-term modified gross leases with tenants paying utilities, offering opportunities for incremental rent adjustments over time. With a demonstrated record of low turnover and strong historical occupancy, this asset highlights the durability of suburban office demand in a business-friendly market.
Investors will benefit from an attractive 8.13% cap rate and the ability to capture steady long-term cash flows from a well-performing portfolio within a stable and growing Oklahoma City metro location.
Leases are typically 1 - 3 years with the ability to increase
rents with inflation. Property has stayed well occupied with little turnover
since it was built in 2014. Modified Gross.