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100% Leased Retail | NNN Lses 14315 Market Blvd 8,600 SF 100% Leased Retail Building Choctaw, OK 73020 $4,262,066 CAD ($495.59 CAD/SF) 7.32% 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
$4,262,066 CAD
Price Per SF
$495.59 CAD
Cap Rate
7.32%
NOI
$311,914 CAD
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
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 214581040 | Improvements Assessment | $412,342 CAD |
| Land Assessment | $32,656 CAD | Total Assessment | $444,999 CAD |
Property Taxes
Parcel Number
214581040
Land Assessment
$32,656 CAD
Improvements Assessment
$412,342 CAD
Total Assessment
$444,999 CAD
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100% Leased Retail | NNN Lses | 14315 Market Blvd
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