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Investment Highlights

  • Individual addresses for suites, supporting independent tenant operations
  • Located on the NE 23rd retail corridor serving Choctaw residential growth
  • Low basis entry with lease-up and rent growth upside
  • Large storefront windows providing natural light and display opportunities.

Executive Summary

Community Park Shopping Center presents an outstanding investment opportunity in Nicoma Park, Oklahoma. Situated on a 5-acre parcel along NE 23rd Street, this 16,450 SF retail center offers strong visibility and convenient access to surrounding neighborhoods and commuter routes. Recently renovated in 2023, the property features large storefront windows, ample parking, and an open layout that accommodates a variety of retail uses. Positioned in East Oklahoma County, the center benefits from proximity to major retailers such as Walmart, Starbucks, and McDonald’s, as well as recreational destinations like Choctaw Creek Golf Course. With its strategic location and updated infrastructure, this asset provides long-term income potential in a growing market.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
17,000 SF
Building Class
C
Year Built/Renovated
1980/2022
Price
$1,300,000
Price Per SF
$76.47
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
5.02 AC
Zoning
C-2 - C-2 General Commercial District Can be used for Public Protection and utility facilities Most all uses permitted in C-1 Highway Commercial District.
Parking
83 Spaces (4.88 Spaces per 1,000 SF Leased)
Frontage
838’ on NE 23rd St

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Information
  • -
  • -
  • -
  • -

Constellation Software is an international provider of market-leading software and services to a number of industries. Their mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of their particular industries. The company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, they have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.

  • Diversity Kutz
  • Retailer
  • -
  • $10.20
  • Modified Gross
  • Jul 2027
  • Frames Pius
  • Retailer
  • -
  • -
  • -
  • -
  • Red Rasberry Tea Room
  • Retailer
  • -
  • -
  • -
  • -
  • Sanders Fence Company
  • -
  • -
  • -
  • -
  • -
  • Sunrise Cafe
  • Accommodation and Food Services
  • -
  • -
  • -
  • -
  • Taqueria La Tapatia
  • Accommodation and Food Services
  • -
  • -
  • -
  • -
  • Vape Buddies
  • Retailer
  • -
  • -
  • -
  • -
  • Vauhn's Bellisima
  • Services
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Information - - - -
Diversity Kutz Retailer - $10.20 Modified Gross Jul 2027
Frames Pius Retailer - - - -
Red Rasberry Tea Room Retailer - - - -
Sanders Fence Company - - - - -
Sunrise Cafe Accommodation and Food Services - - - -
Taqueria La Tapatia Accommodation and Food Services - - - -
Vape Buddies Retailer - - - -
Vauhn's Bellisima Services - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 12226
  • 1,000 SF
  • Retail
  • In-Line
  • Now

The previous tenant was a dog groomer, offers a pre-built setup that included adaptive configurable layout ideal for storefront boutique business.

Space Size Space Use Position Available
12226 1,000 SF Retail In-Line Now

12226

Size
1,000 SF
Space Use
Retail
Position
In-Line
Available
Now

12226

Size 1,000 SF
Space Use Retail
Position In-Line
Available Now

The previous tenant was a dog groomer, offers a pre-built setup that included adaptive configurable layout ideal for storefront boutique business.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
194765015
Land Assessment
$5,273
Improvements Assessment
$64,770
Total Assessment
$70,043
  • Listing ID: 39749370

  • Date on Market: 3/12/2026

  • Last Updated:

  • Address: 12260 NE 23rd St, Nicoma Park, OK 73066

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