6520 Reno AveMidwest City, OK 73110

For Sale
$650,000
Prime 6,589 SF Office, 100% Occupied, High Cap Rate.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a fully occupied, single-story office building situated on a 0.86-acre lot in Midwest City, Oklahoma. The property, located at 6520 E Reno Ave, 73110, boasts 6,589 square feet of traditional office space, currently operating at 100% occupancy, generating a strong 8.33% capitalization rate. The asking price is $650,000, translating to a price per square foot of $98.65. Recent improvements include updated LED 2x4 lighting panels, foam insulation for enhanced energy efficiency, and new drop ceilings throughout the building. The property also features a newly paved parking lot, providing ample space for tenants and visitors. The building is zoned C-1, offering flexibility for a variety of commercial uses. This is a rare opportunity to acquire a well-maintained, high-performing office building in a desirable location with a proven track record of success. The property's strong occupancy rate and impressive cap rate make it an ideal addition to any investment portfolio. Contact us today to schedule a showing.

Highlights

  • $650,000 asking price.
  • 6,589 square foot office building.
  • 8.33% cap rate with 100% occupancy.
  • Located on a 0.86-acre lot at 6520 E Reno Ave, Midwest City, OK 73110.
  • Features include updated LED lighting, foam insulation, new drop ceilings, and a newly paved parking lot.
  • Zoned C-1.

Property Details for 6520 Reno Ave

Property type
Office properties
Square Feet
6,589 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
37,462 SF

Location Insight

City
Midwest City
County
Oklahoma
State
Oklahoma
Latitude
35.4636455
Longitude
-97.4122447
6520 Reno Ave, Midwest City, Oklahoma

FAQs

What type of property is this?
Office property - Prime 6,589 SF Office, 100% Occupied, High Cap Rate.
Where is the office property located?
The property is located at 6520 Reno Ave 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: $650,000 asking price.; 6,589 square foot office building.; 8.33% cap rate with 100% occupancy.
How can I contact the broker?
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6520 Reno Ave
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