212 Air Depot BlvdMidwest City, OK 73110
- Retail properties
- 4,162 SF
Property Details for 212 Air Depot Blvd
- Lot size
- 0.90 AC
- Property size (Sq ft)
- 4,162 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
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.
Location Insight
- City
- Midwest City
- County
- Oklahoma
- State
- Oklahoma
- Latitude
- 35.4625
- Longitude
- -97.4056
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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