212 S Air Depot Blvd, Oklahoma City, OK
Retail property with high traffic exposure near Tinker Air Force Base.
- Added:
- Mar 30, 2023
- Days on Market:
- 1168
- Last Refresh:
- May 20 at 8:47 pm
Property Features for 212 S Air Depot Blvd
General Information
- Standard status
- Active
- Size
- 4,162 SF
- Lot size
- 0.95 Acres
- Property subtype
- RETAIL
Listing agent Todd Herndon (405) 848-8099
Listing office Herndon & Kelley Commercial Real Estate (405) 848-8099
Listing date Mar 30, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Herndon & Kelley Commercial Real Estate
HighLights
- Annual rent is $62,400.00 (Yearly Average)
- Great exposure to high N/S traffic on Air Depot
- 1 ¾ miles to Tinker Air Force Base
- 4,162 SF (MOL) on 0.9 Acre
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $124.9k | $30.00 |
| − Vacancy | −$7.5k | −$1.80 |
| EGI | $117.4k | $28.20 |
| − OpEx | −$35.2k | −$8.46 |
| NOI | $82.2k | $19.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.4052
- Latitude
- 35.4657
