Property Details
- Address: 2150 S. Douglas Blvd., Midwest City, Oklahoma
- Price: 2,200,000
- Property Type: Retail Center
- Building Size: 12,000 sf
- Cap Rate: 7.13%
- Year Built: 2003
- Lot Size: 2.0 acres
Orchard Plaza is an eight (8) unit, 12,000 sf retail shopping center situated on the east side of S. Douglas Blvd., in Midwest City, Oklahoma. There is currently one vacancy of 1,200 sf offering income upside. The NOI and CAP rate are based on current/actual numbers. There are four (4) ingress and egress driveways to the property and one pylon sign at the front street (Douglas Blvd.). The property sits on 2 acres and has approx. 80 parking spaces making a 6.6/1000 sf parking ratio. A very attractive property with a stable tenant base makes this a wonderful investment. Traffic counts from S.E. 15h & S. Douglas offer a steady flow of abundant daily traffic. Two car charging stations are on site as well. A rare opportunity to own an excellent and established asset to your portfolio.
Orchard Plaza is an eight (8) unit, 12,000 sf retail shopping center situated on the east side of S. Douglas Blvd., in Midwest City, Oklahoma. There is currently one vacancy of 1,200 sf offering income upside. The NOI and CAP rate are based on current/actual numbers. There are four (4) ingress and egress driveways to the property and one pylon sign at the front street (Douglas Blvd.). The property sits on 2 acres and has approx. 80 parking spaces making a 6.6/1000 sf parking ratio. A very attractive property with a stable tenant base makes this a wonderful investment. Traffic counts from S.E. 15h & S. Douglas offer a steady flow of abundant daily traffic. Two car charging stations are on site as well. A rare opportunity to own an excellent and established asset to your portfolio. Metal Roof.
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