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916 NW 6th St 14,336 SF 3% Leased Retail Building Oklahoma City, OK 73106 $5,013,582 CAD ($349.72 CAD/SF) 7.01% Cap Rate



Executive Summary
Stabilized Mixed-Use NNN Investment | Midtown Oklahoma City
916 NW 6th Street is a ±14,336 SF, two-story mixed-use asset fully renovated in 2016 (originally built 1961) and 100% leased on an absolute NNN basis to a curated roster of established Midtown tenants: Sunnyside Diner, Rev Mex (both Shared Plate Hospitality), and WorkFlow boutique office. The asset delivers passive, stabilized cash flow from day one with minimal near-term capital exposure.
Investment Highlights:
• 100% leased on absolute NNN leases — no landlord operating expense exposure
• Full 2016 renovation — major building systems, envelope, and interiors brought to current standards
• Irreplaceable Midtown location adjacent to SSM Health St. Anthony Hospital
• Curated, complementary tenant mix driving cross-traffic across day-parts
• Contractual annual rent escalations with mark-to-market upside at natural roll
• 90 on-site parking spaces
Location:
Midtown OKC is one of the Southern Plains' most dynamic urban submarkets, anchored by St. Anthony Hospital and defined by dense daytime population, walkability to Downtown and the Oklahoma Health Center, and continued growth in multifamily, adaptive-reuse office, and independent retail. The NW 6th Street corridor has become a proven destination for hospitality and lifestyle tenants.
Offered at $3,675,000 | 7% Cap Rate | $257,451 NOI
Full rent roll, lease abstracts, and financials available under CA. Contact David Kolb, Common Good Development, LLC, for the complete offering package.
916 NW 6th Street is a ±14,336 SF, two-story mixed-use asset fully renovated in 2016 (originally built 1961) and 100% leased on an absolute NNN basis to a curated roster of established Midtown tenants: Sunnyside Diner, Rev Mex (both Shared Plate Hospitality), and WorkFlow boutique office. The asset delivers passive, stabilized cash flow from day one with minimal near-term capital exposure.
Investment Highlights:
• 100% leased on absolute NNN leases — no landlord operating expense exposure
• Full 2016 renovation — major building systems, envelope, and interiors brought to current standards
• Irreplaceable Midtown location adjacent to SSM Health St. Anthony Hospital
• Curated, complementary tenant mix driving cross-traffic across day-parts
• Contractual annual rent escalations with mark-to-market upside at natural roll
• 90 on-site parking spaces
Location:
Midtown OKC is one of the Southern Plains' most dynamic urban submarkets, anchored by St. Anthony Hospital and defined by dense daytime population, walkability to Downtown and the Oklahoma Health Center, and continued growth in multifamily, adaptive-reuse office, and independent retail. The NW 6th Street corridor has become a proven destination for hospitality and lifestyle tenants.
Offered at $3,675,000 | 7% Cap Rate | $257,451 NOI
Full rent roll, lease abstracts, and financials available under CA. Contact David Kolb, Common Good Development, LLC, for the complete offering package.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,336 SF
Building Class
C
Year Built/Renovated
1961/2015
Price
$5,013,582 CAD
Price Per SF
$349.72 CAD
Cap Rate
7.01%
NOI
$351,225 CAD
Percent Leased
3%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.65
Lot Size
0.51 AC
Opportunity Zone
Yes
Zoning
Commercial - DTD-1
Parking
34 Spaces (2.37 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 013206944 | Improvements Assessment | $230,396 CAD |
| Land Assessment | $53,574 CAD | Total Assessment | $283,969 CAD |
Property Taxes
Parcel Number
013206944
Land Assessment
$53,574 CAD
Improvements Assessment
$230,396 CAD
Total Assessment
$283,969 CAD
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916 NW 6th St
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