For Sale
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212 Air Depot BlvdMidwest City, OK 73110

Free-standing restaurant, high traffic area. Excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a free-standing restaurant building located at 212 S Air Depot Blvd, Midwest City, OK 73110. The property boasts 4,162 square feet (more or less) situated on a 0.9-acre lot, offering significant visibility and accessibility. Currently operating as a single-tenant restaurant with 100% occupancy, the lease is a modified agreement with a remaining term of 3 years, extending to the fall of 2028. The property generates a strong net operating income (NOI) of $56,880 annually, based on a five-year average lease rent of the same amount. Its prime location offers excellent exposure to high north-south traffic on Air Depot Boulevard, and benefits from its proximity to Tinker Air Force Base, approximately 1.5 miles away. This presents a compelling opportunity for investors seeking a stable, income-producing asset in a desirable location. The property type is retail, specifically a restaurant. The building is a stand-alone structure. This is a single-tenancy property.

Highlights

  • Lease expires Fall 2028.
  • Annual rent: $56,880 (5-year average).
  • 4,162 SF (approx.) on 0.9-acre lot.
  • 1.75 miles to Tinker AFB.
  • High visibility on Air Depot Blvd.

Property Details for 212 Air Depot Blvd

Property type
Retail properties, Restaurants
Square Feet
4,162 SF
Lot Size (sq. ft)
39,204 SF

Location Insight

City
Midwest City
County
Oklahoma
State
Oklahoma
Latitude
35.4625182
Longitude
-97.4055661
212 Air Depot Blvd, Midwest City, Oklahoma

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212 Air Depot Blvd
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