8811 E Reno Ave, Midwest City, OK 73110
Former dental office in Midwest City, Oklahoma for sale/lease.
- Added:
- Jan 23, 2023
- Days on Market:
- 1239
- Last Refresh:
- May 12 at 10:11 pm
Property Features for 8811 E Reno Ave
General Information
- Standard status
- Active
- Size
- 2,456 SF
- Property subtype
- Office
Building Details
- Year Built
- 1986
Listing agent David Lide License #OK 130274
Listing office Equity Commercial Realty Advisors, LLC
Listing date Jan 23, 2023
Source Crexi
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 Equity Commercial Realty Advisors, LLC
HighLights
- Former dental office space, ready for immediate occupancy or adaptation.
- Located in a well‑maintained Medical Park.
- Situated in the growing community of Midwest City, OK.
- Convenient location on the North side of Reno Ave., near N Douglas Blvd.
- Available for sale ($325,000) or lease ($14/SF/YR/Modified Gross).
- Built in 1986.
Overview
Local Financial Insights For Office B
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 | $41.0k | $16.68 |
| − Vacancy | −$3.9k | −$1.60 |
| EGI | $37.0k | $15.08 |
| − OpEx | −$9.3k | −$3.77 |
| NOI | $27.8k | $11.31 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
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- Holland Jennifer DVM — 720 S Air Depot Blvd, Oklahoma City, OK 73110
- Oakwood Veterinary Clinic: Dr. Ohmann — 720 S Air Depot Blvd, Oklahoma City, OK 73110
Location Insight
- Map
- Local Demand
- City
- Midwest City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.3729074
- Latitude
- 35.4644461
