1201 Reno AveOklahoma City, OK 73106

This exceptional Oklahoma City retail property, located at 1201 W Reno Ave, presents a compelling investment opportunity. The 5,500 square foot building, constructed in 1962 and renovated in 2017, sits on a 0.34-acre lot and boasts a prominent corner location at the Downtown OKC Klein Exit from the OKC Boulevard – the first exit off I-40. The property features three suites, with two-thirds currently available for lease. A Letter of Intent is in progress for a wine and spirits tenant in the remaining space. The building is of masonry construction, with a 15-foot ceiling height and a depth of 55 feet. It includes 20 parking spaces and one curb cut. The I-2 zoning with DP overlay allows for diverse uses. The property benefits from its proximity to the Farmers Market, I-40 (3-minute drive), and Scissortail Park (3-minute drive). The Net Operating Income (NOI) is $34,530, with a current lease term of 0.9 years remaining (5.2 years total lease, commencing August 24, 2020, and expiring October 31, 2025). The asking price is $969,000. The 4,000 square feet of net rentable space offers significant potential for income generation. This owner-user investment opportunity is ideal for a savvy investor seeking a high-visibility location with strong potential for growth.