Value-Add MOB in Established Healthcare Hub 230 N Midwest Blvd 18,238 SF Vacant Office Building Online Auction Sale Oklahoma City, OK 73110

230 N Midwest Boulevard presents a highly desirable acquisition opportunity comprising a fully built-out medical office facility in the Midwest City region of Oklahoma City. Spanning 18,238 square feet, the property will be delivered vacant with an immediate occupancy or leasing upside for a new owner. This unique opportunity provides exceptional potential for both users and investors seeking to enter or expand in this competitive market.

Originally constructed in 1995, the property spans two floors across a 1.45-acre lot. Classified as a Type I facility, 230 N Midwest Boulevard is cleared through the state for medical use. The facility boasts an efficient and functional layout that encompasses a lobby/reception area, open work areas, private offices and exam rooms, equipment and testing rooms, a nurse’s station, conference space, a break room, storage space, and more. This highly adaptable floor plan allows businesses to create the perfect space for their operational requirements. Additionally, 230 N Midwest Boulevard includes convenient access points on two sides and ample on-site parking for 57 vehicles, improving access options for staff and clients.

230 N Midwest Boulevard promises outstanding potential for medical-industry tenants, with a premier location just down the street from SSM Health St. Anthony Hospital Midwest. This short-term acute care hospital with 196 licensed beds creates a valuable focal point for the area’s healthcare industry. The surrounding area includes many private practices and nursing facilities, delivering exceptional opportunities for partnership, collaboration, and referral.

230 N Midwest Boulevard’s appeal is further enhanced by proximity to major roadways and amenities. The property is positioned at the Northeast corner of the signalized intersection of N Midwest Boulevard and National Avenue, with direct visibility to more than 12,400 daily vehicles. Sitting just off the E Reno Avenue commercial corridor, the facility sits within minutes of national retail brands such as WinCo Foods, Walmart Neighborhood Market, McDonald’s, Walgreens, Burger King, and more. These desirable establishments draw consistent traffic to the area and enhance convenience for employees.

The facility significantly benefits from the city's recent investment in revitalizing the area surrounding the hospital and City Hall. The city's total investment exceeds $31 million, including Plaza 62, one of the most high-impact redevelopment projects in the city's recent history. The area is also set to receive a brand-new, 74,000-square-foot YMCA facility at the intersection of Parklawn Drive and National Avenue. Additionally, a substantial investment of more than $497 million is planned for Tinker Air Force Base for property acquisition and construction as part of the National Defense Authorization Act.

Situated within the East Oklahoma County Office Submarket, 230 N Midwest Boulevard offers a compelling acquisition for value-add investors, supported by strong demographics and leasing trends. Vacancies in the area sit below the five-year average at just 7.3%, and this competitive demand has driven office rent growth of approximately 3% during the past 12 months. Looking within a 3-mile radius of the property, the area is home to a growing population of more than 111,000, with an average household income of more than $74,000 and annual consumer spending exceeding $1.1 billion.

Bringing together a move-in ready medical office facility with a high-traffic location within a major healthcare node, 230 N Midwest Boulevard is a turnkey acquisition that cannot be missed.

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