100% Leased Retail | NNN Lses | 14315 Market Blvd
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100% Leased Retail | NNN Lses 14315 Market Blvd
8,600 SF 100% Leased Retail Building Choctaw, OK 73020 $3,403,000 ($396/SF) 6.59% Cap Rate
Investment Highlights
- 100% Leased Multi-Tenant Retail | NNN Leases | Limited Landlord Responsibilities | Recent AT&T Extension
- Direct Consumer Base | Six-Figure Incomes | Oklahoma City MSA | Strong Demographics in 5-Mile Trade Area
- U.S. Highway 62 (15,700 VPD) | Outparcel to Walmart Supercenter | Dense Retail Corridor | Strong National/Credit Tenant Presence
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 100% occupied, freestanding multi-tenant retail building in Choctaw, Oklahoma (Oklahoma City MSA). The building features a diverse lineup of well-known and established tenants including Great Clips, T-Mobile, Cricket, and AT&T and Los Aztecas Mexican Restaurant. AT&T recently exercised their first five year option and their lease now expires July 2029. All tenants operate under NNN leases, making this an ideal, low-management investment opportunity for a passive investor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,600 SF
Building Class
B
Year Built
2017
Price
$3,403,000
Price Per SF
$396
Cap Rate
6.59%
NOI
$224,416
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.81 AC
Zoning
GCD
Parking
53 Spaces (6.16 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
- Monument Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 214581040 | Improvements Assessment | $271,385 |
| Land Assessment | $21,493 | Total Assessment | $292,878 |
PROPERTY TAXES
Parcel Number
214581040
Land Assessment
$21,493
Improvements Assessment
$271,385
Total Assessment
$292,878
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100% Leased Retail | NNN Lses | 14315 Market Blvd
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