6520 E. Reno AvenueMidwest City, OK 73110

For Sale
$650,000
Prime 6,589 RSF office building, 0.86 acres. High occupancy.
Source: https://www.naisullivangroup.com

Overview

Added:
Apr 3
Days on market:
13
This exceptional investment opportunity presents a 6,589 square foot office building situated on a 0.86-acre lot in Midwest City, Oklahoma. Located at 6520 E. Reno Avenue, the property boasts a highly desirable C-1 zoning classification. Currently 100% occupied, this building offers a strong 8.33% capitalization rate, making it an attractive prospect for investors seeking stable income. Recent upgrades significantly enhance the property's value and appeal. These improvements include the installation of updated LED 2x4 lighting panels throughout, comprehensive foam insulation for enhanced energy efficiency, and the addition of new drop ceilings for a modern aesthetic. Furthermore, the property features a newly paved parking lot, ensuring convenient and well-maintained access for tenants and visitors. The building's size and location in Midwest City, OK 73110, provide ample space and excellent accessibility. This turnkey opportunity is ready for immediate ownership and income generation. The asking price is $650,000.

Highlights

  • Prime Midwest City location, 6,589 square feet on 0.86 acres.
  • Fully occupied building offering an 8.33% cap rate.
  • Recent upgrades include LED lighting, foam insulation, and new parking lot.

Property Details for 6520 E. Reno Avenue

Property type
Office properties, Office buildings
Square Feet
6,589 SF
Price / Square Foot
$98.65
Buildings
1
Stories
1
Elevators
N/A
Net Rentable (sq. ft)
6,589 SF
Lot Size (sq. ft)
37,462 SF

Location Insight

City
Midwest City
County
Oklahoma
State
Oklahoma

FAQs

What type of property is this?
Office property - Prime 6,589 RSF office building, 0.86 acres. High occupancy.
Where is the office property located?
The property is located at 6520 E. Reno Avenue Midwest City, OK.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime Midwest City location, 6,589 square feet on 0.86 acres.; Fully occupied building offering an 8.33% cap rate.; Recent upgrades include LED lighting, foam insulation, and new parking lot.
How can I contact the broker?
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6520 E. Reno Avenue
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