5480 Main - Office FOR SALE


Del City, OK 73115
$3,150,000 USD
918-935-2010
5480 Main, Del City, OK for Sale
$3,150,000 USD
Office - FOR SALE
1/4
null | 8.13% Cap Rate

5480 Main
Del City, OK 73115


HIGHLIGHTS

  • Well located in Del City with great access to I-40 and local retail and restaurants in the immediate corridor.
  • 100% Occupied Garden Style Office Investment
  • Property has stayed well occupied with little turnover since it was built in 2014

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$503 USD /SF

CAP RATE

8.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,783 SF

ZONING

-

APN/PARCEL ID

153914960

ASK ABOUT THIS PROPERTY

Grant StewartWiggin PropertiesMore Info
918-935-2010

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Grant StewartWiggin PropertiesMore Info
918-935-2010

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