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5480 Main 6,265 SF 100% Leased Office Building Del City, OK 73115 $3,150,000 ($502.79/SF) 8.13% Cap Rate



Investment Highlights
- Well located in Del City with great access to I-40 and local retail and restaurants in the immediate corridor.
- Property has stayed well occupied with little turnover since it was built in 2014
- 100% Occupied Garden Style Office Investment
Executive Summary
Del City Office Suites presents a rare opportunity to acquire a stabilized three-building, garden-style office portfolio located in a vibrant corridor of Del City, Oklahoma. Totaling ±18,300 square feet across three identical buildings, the portfolio is 100% leased, providing investors with reliable rental income. All buildings were constructed in 2014 with modern construction and efficient floor plans, designed to accommodate a mix of small to mid-sized tenants with suites ranging from ±700 SF to ±1,650 SF.
Strategically located with direct access to Interstate 40, the property is just minutes from downtown Oklahoma City, Tinker Air Force Base, and an array of surrounding retail and dining amenities. The tenant base is secured on short- to mid-term modified gross leases with tenants paying utilities, offering opportunities for incremental rent adjustments over time. With a demonstrated record of low turnover and strong historical occupancy, this asset highlights the durability of suburban office demand in a business-friendly market.
Investors will benefit from an attractive 8.13% cap rate and the ability to capture steady long-term cash flows from a well-performing portfolio within a stable and growing Oklahoma City metro location.
Leases are typically 1 - 3 years with the ability to increase
rents with inflation. Property has stayed well occupied with little turnover
since it was built in 2014. Modified Gross.
Strategically located with direct access to Interstate 40, the property is just minutes from downtown Oklahoma City, Tinker Air Force Base, and an array of surrounding retail and dining amenities. The tenant base is secured on short- to mid-term modified gross leases with tenants paying utilities, offering opportunities for incremental rent adjustments over time. With a demonstrated record of low turnover and strong historical occupancy, this asset highlights the durability of suburban office demand in a business-friendly market.
Investors will benefit from an attractive 8.13% cap rate and the ability to capture steady long-term cash flows from a well-performing portfolio within a stable and growing Oklahoma City metro location.
Leases are typically 1 - 3 years with the ability to increase
rents with inflation. Property has stayed well occupied with little turnover
since it was built in 2014. Modified Gross.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,265 SF
Building Class
B
Year Built
2014
Price
$3,150,000
Price Per SF
$502.79
Cap Rate
8.13%
NOI
$256,095
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,265 SF
Building FAR
0.25
Lot Size
0.57 AC
Parking
45 Spaces (7.18 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 153914960 | Improvements Assessment | $60,608 |
| Land Assessment | $30,089 | Total Assessment | $90,697 |
Property Taxes
Parcel Number
153914960
Land Assessment
$30,089
Improvements Assessment
$60,608
Total Assessment
$90,697
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5480 Main
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