6785 Prosper Circle, Edmond, OK 73034
New flex industrial park offering flex-warehouse space off Waterloo Road in Northeast Edmond.
Property Features for 6785 Prosper Circle
General Information
Building Details
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Investment Insights
Based on property information with market context.
The development is conveniently located off Waterloo Road, positioned between I-35 and the Oak Tree Neighborhood. This location is designed to provide straightforward access for industrial tenants serving the surrounding Edmond area.
For buyers and operators seeking adaptable warehouse space, Prosper Park supports a range of flex-leaning industrial needs within a park environment. The asset’s focus on flex industrial use can be practical for tenants that require both warehouse functionality and flexibility in day-to-day operations.
Key Highlights
- Year built: 2022
- New flex industrial park offering flex‑warehouse space off Waterloo Road in Northeast Edmond
- Located off Waterloo Road between I‑35 and the Oak Tree Neighborhood
Financial Insights For Warehouse
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 | $67.2k | $9.60 |
| − Vacancy | −$5.1k | −$0.73 |
| EGI | $62.1k | $8.87 |
| − OpEx | −$9.3k | −$1.33 |
| NOI | $52.8k | $7.54 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 73034, OK
Market
Vacancy Rate% for Industrial in South region