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1801-1815 S Air Depot Blvd 9,552 SF 100% Leased Retail Building Oklahoma City, OK 73110 $2,296,140 CAD ($240.38 CAD/SF) 4.69% Cap Rate
INVESTMENT HIGHLIGHTS
- STABLE IN-PLACE INCOME
- STRONG LOCATION & LAND COMPONENT
- VALUE-ADD UPSIDE
EXECUTIVE SUMMARY
Fully leased neighborhood retail strip totaling approximately 9,552 SF on ±0.78 acres
Eight local service and retail tenants on modified gross leases
Current in-place income with below-market rents, offering value-add potential through rent growth and lease restructuring
Built in 1955; Class C retail asset with surface parking and strong visibility along S Air Depot Blvd
Suitable for private investors seeking stabilized income with upside or long-term repositioning potential
Eight local service and retail tenants on modified gross leases
Current in-place income with below-market rents, offering value-add potential through rent growth and lease restructuring
Built in 1955; Class C retail asset with surface parking and strong visibility along S Air Depot Blvd
Suitable for private investors seeking stabilized income with upside or long-term repositioning potential
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$144,365
|
$15.11
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$144,365
|
$15.11
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$40,078
|
$4.20
|
| Net Operating Income |
$104,287
|
$10.92
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $144,365 |
| Annual Per SF | $15.11 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $144,365 |
| Annual Per SF | $15.11 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $40,078 |
| Annual Per SF | $4.20 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $104,287 |
| Annual Per SF | $10.92 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,552 SF
Building Class
C
Year Built
2003
Price
$2,296,140 CAD
Price Per SF
$240.38 CAD
Cap Rate
4.69%
NOI
$107,710 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.96 AC
Zoning
C-3 - commercial
Parking
55 Spaces (5.76 Spaces per 1,000 SF Leased)
Frontage
185’ on Air Depot
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Abundant Flowers
- Retailer
- -
- -
- -
- Akropolis
- Accommodation and Food Services
- -
- -
- -
- Clipper Cuts
- Services
- -
- -
- -
- Dynamic Business And Tax Solutions
- -
- -
- -
- -
- Nails Today
- Services
- -
- -
- -
- Shelter Insurance
- -
- -
- -
- -
- Suphattras Thai Kitchen
- -
- -
- -
- -
- Youngs Tailor
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Abundant Flowers | Retailer | - | - | - | ||
| Akropolis | Accommodation and Food Services | - | - | - | ||
| Clipper Cuts | Services | - | - | - | ||
| Dynamic Business And Tax Solutions | - | - | - | - | ||
| Nails Today | Services | - | - | - | ||
| Shelter Insurance | - | - | - | - | ||
| Suphattras Thai Kitchen | - | - | - | - | ||
| Youngs Tailor | Retailer | - | - | - |
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 150110280 | Improvements Assessment | $134,603 CAD (2024) |
| Land Assessment | $41,252 CAD (2024) | Total Assessment | $175,855 CAD (2024) |
PROPERTY TAXES
Parcel Number
150110280
Land Assessment
$41,252 CAD (2024)
Improvements Assessment
$134,603 CAD (2024)
Total Assessment
$175,855 CAD (2024)
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Clear Source Realty
1801-1815 S Air Depot Blvd
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