Del City Office Suites
Office | 8.13% CAP | 18,300 SqFt
Marketing description
Wiggin Properties is pleased to present the opportunity to acquire Del City Office Suites, a stabilized three-building, garden-style office portfolio located in the heart of Del City, Oklahoma. Built in 2014, the portfolio totals approximately 18,300 square feet across three identical buildings and is 100% leased, providing investors with immediate, reliable income. The property benefits from a strong location with excellent access to Interstate 40, just minutes from downtown Oklahoma City, Tinker Air Force Base, and nearby retail and restaurant corridors. Designed with efficient floorplans and modern construction, the buildings cater to small and mid-sized tenants with suites ranging from ±700 SF to ±1,650 SF. The tenant base is secured with short- to mid-term modified gross leases, allowing investors to capture rent growth and inflationary adjustments over time. Historically, the property has demonstrated low turnover and strong occupancy, underscoring the stability and demand for well-located suburban office space in this market.
Investment highlights
- Well-located in Del City with excellent access to Interstate 40, downtown Oklahoma City, and nearby retail and restaurants.
- 100% occupied three-building, garden-style office investment totaling ±18,300 SF.
- Leases are typically 1–3 years, allowing the ability to increase rents with inflation.
- Modern construction (built in 2014) with efficient floorplans catering to small and mid-sized tenants.
- Historically low turnover and consistent high occupancy since completion.
- Modified Gross leases (tenants pay electric).
- Reliable income stream with opportunity for rent growth over time.
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