NNN Commercial Space Near
For Sale
Contact for pricing
9315 W Reno Ave, Oklahoma City, OK 73127
NNN lease space near I-40 with an adjacent 5.46-acre option.
Property Size11,000 SF
Lot Size5.46 Acres
Price / SF$131.82
Days on Market134
Property Features for 9315 W Reno Ave
General Information
Standard status
Active
Size
11,000 SF
Lot size
5.46 Acres
Property subtype
INDUSTRIAL
Additional Details
Asking Price
$1,050,000
Highway Access
Yes
Listing Agency:
Banta Property Group
(405) 823-3026
Listed By:
Greg Banta · License #109170
(405) 823-3026
Source:
Moodyscre
Added: Mar 19
Changed: Jul 29
Last Checked: Jul 29 at 7:47PM
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 Banta Property Group
Investment Insights
Based on property information with market context.
NNN commercial space available for lease at 9315 W Reno Ave in Oklahoma City, offering approximately 11,000 square feet of space.
The property is in close proximity to I-40, providing convenient regional access. An additional 5.46 acres is also available adjacent to the site.
The combination of existing NNN space and optional adjacent acreage can support a range of commercial plans that benefit from easy highway access and flexible site sizing.
The property is in close proximity to I-40, providing convenient regional access. An additional 5.46 acres is also available adjacent to the site.
The combination of existing NNN space and optional adjacent acreage can support a range of commercial plans that benefit from easy highway access and flexible site sizing.
Key Highlights
- Approximately 11,000 SF NNN lease space
- NNN lease structure
- Close proximity to I‑40
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 | $105.6k | $9.60 |
| − Vacancy | −$3.2k | −$0.29 |
| EGI | $102.4k | $9.31 |
| − OpEx | −$15.4k | −$1.40 |
| NOI | $87.1k | $7.92 |
11,000 SF · lease $9.60/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.24M
$1.09M – $1.45M
NOI $87,067 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.76M
$3.29M – $4.39M
NOI $263,340 @ 7.0% cap · market cap 18.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 73127, OK
27,007
Population
11,329
Households
2.4
Avg Household Size
32
Median Age
16%
College-Educated
76%
High-School Grad
11.3 sq mi
ZIP Area
2,390
Density / Sq Mi
$46,020
Median Household Income
$28,766
Median Earnings
$926
Median Rent
$139,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - NNN lease space near I-40 with an adjacent 5.46-acre option.
Where is this nnn property located?
The property is located at 9315 W Reno Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Approximately 11,000 SF NNN lease space; NNN lease structure; Close proximity to I‑40
