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    212 Air Depot Blvd Midwest City, OK 73110

    Sponsored
    For Sale
    Contact for pricing

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

    Property size:
    4,162 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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.

    Property Features for 212 Air Depot Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    4,162 SF
    Lot Size
    39,204 SF

    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 Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midwest City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4055661
    Latitude
    35.4625182

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    FAQs

    What type of property is this?
    Restaurant - Free-standing restaurant, high traffic area. Excellent investment.
    Where is this restaurant located?
    The property is located at 212 Air Depot Blvd Midwest City, OK.
    What are key features of this property?
    This property features: Lease expires Fall 2028.; Annual rent: $56,880 (5-year average).; 4,162 SF (approx.) on 0.9-acre lot.
    Request Owner's contact information
    212 Air Depot Blvd Midwest City, OK 73110
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    Midwest City, OK 73110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212 Air Depot Blvd Midwest City, OK 73110
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