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Investment Highlights
- Very high traffic location facing I240 (on the service road) with Billboard
- Vacancy allows for an investor to purchase at a discount and then benefit from lease up
- Located along the I-240 service road with direct regional access.
- Vacancy allows for Owner user to occupy while receiving income from currrent tenants
- Three-building industrial portfolio with diversified occupancy.
Executive Summary
This multi-tenant industrial investment opportunity consists of three buildings totaling 72,000 square feet within Midwest Industrial Park along the I-240 service road in Oklahoma City. The portfolio includes two 12,000-square-foot buildings and one 48,000-square-foot building, providing a diversified industrial asset with multiple tenancy options and operational flexibility.
The property offers a combination of in-place income and value-add potential. Existing tenants currently occupy approximately 42,000 square feet, creating immediate cash flow while leaving substantial vacancy available for future leasing activity or owner-user occupancy. This unique configuration allows investors to pursue a lease-up strategy designed to increase occupancy and revenue, while owner-users can occupy available space and offset operating costs through rental income generated by existing tenants.
Positioned just east of the I-240 and I-35 interchange, the property benefits from regional connectivity to Oklahoma City's primary transportation corridors. The interchange is one of the area's most heavily traveled industrial and commercial gateways, providing convenient access throughout the Oklahoma City metropolitan area and supporting efficient distribution, service, manufacturing, and contractor operations. Frontage along the I-240 service road enhances visibility and accessibility for tenants and visitors.
With a blend of current occupancy, available space, and strategic freeway access, this three-building industrial portfolio presents an opportunity to acquire a functional asset with multiple paths to value creation, including leasing, operational expansion, tenant repositioning, or owner-user utilization.
Broker (Richard Jennings / Richard Jennings Real Estate, LLC - OK Real Estate License #173363) has ownership interest in this property.
The property offers a combination of in-place income and value-add potential. Existing tenants currently occupy approximately 42,000 square feet, creating immediate cash flow while leaving substantial vacancy available for future leasing activity or owner-user occupancy. This unique configuration allows investors to pursue a lease-up strategy designed to increase occupancy and revenue, while owner-users can occupy available space and offset operating costs through rental income generated by existing tenants.
Positioned just east of the I-240 and I-35 interchange, the property benefits from regional connectivity to Oklahoma City's primary transportation corridors. The interchange is one of the area's most heavily traveled industrial and commercial gateways, providing convenient access throughout the Oklahoma City metropolitan area and supporting efficient distribution, service, manufacturing, and contractor operations. Frontage along the I-240 service road enhances visibility and accessibility for tenants and visitors.
With a blend of current occupancy, available space, and strategic freeway access, this three-building industrial portfolio presents an opportunity to acquire a functional asset with multiple paths to value creation, including leasing, operational expansion, tenant repositioning, or owner-user utilization.
Broker (Richard Jennings / Richard Jennings Real Estate, LLC - OK Real Estate License #173363) has ownership interest in this property.
Property Facts
| Price | $5,600,000 | Number of Properties | 3 |
| Price / SF | $77.78 / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 72,000 SF |
| Sale Type | Investment or Owner User | Total Land Area | 14.25 AC |
| Status | Active |
| Price | $5,600,000 |
| Price / SF | $77.78 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 72,000 SF |
| Total Land Area | 14.25 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building 3
3960-3990 E I 240 Service Rd, Oklahoma City, OK 73135 |
Flex | 12,000 SF | 1983 | - |
|
Building 1
3900-3940 E I 240 Service Rd, Oklahoma City, OK 73135 |
Flex | 12,000 SF | 1982 | - |
|
Building 2
3916-3996 E I 240 Service Rd, Oklahoma City, OK 73135 |
Industrial | 48,000 SF | 1983 | - |
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Mid-West Industrial Parl - Multi-Tenant



