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2303 N Elm Pl

2,000 SF Retail Building Broken Arrow, OK 74012 $1,200,000 ($600/SF) 5.75% Cap Rate

Banks Oklahoma Broken Arrow 2303 N Elm Pl, Broken Arrow, OK 74012

Investment Highlights

  • Single Tenant Net Lease investment, occupied by Tulsa Federal Credit (dba, WeStreet Bank).
  • Property is surrounded by many national retailers, six hotels with over 500 rooms, and the Ascension St. John Broken Arrow Hospital.

Executive Summary

Newmark Robinson Park is pleased to present the opportunity to acquire a ten (10) year, Single Tenant Net Lease investment, occupied by Tulsa Federal Credit (dba, WeStreet Bank), which is located 2303 N. Elm Place, Broken Arrow, OK 74012 (“Property”). The property was built in 2023 and is approximately 2,000 square feet. The property is in Broken Arrow, Oklahoma, which is the fourth largest city in Oklahoma, having a population of 119,954.

Attachments

OM- WeStreet Bank- 2303 N. Elm Place Broken Arrow OK-rd sz

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
2,000 SF
Building Class
B
Year Built
2023
Price
$1,200,000
Price Per SF
$600
Cap Rate
5.75%
NOI
$69,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Land Acres
0.35 AC
Parking
15 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
116 FT on North Elm Place

Amenities

  • Drive Thru
1 of 1

Nearby Major Retailers

Steak ‘n Shake
Taco Bueno
Planet Fitness
Broken Arrow Fit Body Boot Camp
RibCrib
MidFirst Bank
Hawaiian Bros Island Grill
Bank Of Oklahoma
Orangetheory Fitness
Starbucks

PROPERTY TAXES

Parcel Number 98402-84-02-56220 Improvements Assessment $0
Land Assessment $143,000 Total Assessment $143,000

PROPERTY TAXES

Parcel Number
98402-84-02-56220
Land Assessment
$143,000
Improvements Assessment
$0
Total Assessment
$143,000
(405) 602-2989

  • Listing ID: 33071010

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 2303 N Elm Pl, Broken Arrow, OK 74012

More public record information on 2303 N Elm Pl, Broken Arrow, OK 74012

The Retail Property at 2303 N Elm Pl, Broken Arrow, OK 74012 is currently available For Sale. Contact Newmark Robinson Park for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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2303 N Elm Pl, Broken Arrow, OK for sale Primary Photo- Image 1 of 2
Tulsa Federal Credit Union-2303 N. Elm pl, Broken Arrow-10

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2303 N Elm Pl
(405) 602-2989 x

2303 N Elm Pl

1/3

Jay Cohlmia

(405) 602-2989

(405) 602-2989

Michael Rapella

(405) 600-6342

(405) 600-6342

Shaun Corso

(405) 600-6872

(405) 600-6872

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