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2215 Oklahoma Ave 2,540 SF Retail Building Woodward, OK 73801 $2,171,000 ($854.72/SF) 6.45% Cap Rate
Investment Highlights
- 2024 Construction. 2,540+/- SF Building On 0.98+/- Acre Site
- Adjacent to High-Performing H-E-B Anchored Retail Center with H-E-B Fuel
- Starbucks Is The Largest Coffee Retailer In The World, Operating 40,000+ Locations Globally
- High-Visibility Frontage Along Woodward’s Main Retail Artery, Oklahoma Ave (35,590+ VPD), Anchored by Walmart
- Flagship Starbucks Trade-Area Presence – Only Starbucks Location within a 48-Mile Radius
- Woodward | Regional Hub for Northwest Oklahoma | Regional Trade Area Population: 40,000+
Executive Summary
10-Year NN Lease with (6) 5-Year Option Periods and 7% Rental Increases in Primary Term & Each Option Period
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,540 SF
Building Class
B
Year Built
2024
Price
$2,171,000
Price Per SF
$854.72
Cap Rate
6.45%
NOI
$140,030
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.98 AC
Frontage
113’ on Oklahoma Avenue
Amenities
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Starbucks began in 1971 in Seattle's Pike Place Market as a roaster and retailer of whole bean and ground coffee, tea, and spices. The company became a coffeehouse in 1987 and has since expanded into a global business centered on coffee drinks, food, cups, and merchandise. Starbucks now connects with millions of customers every day through a broad retail network and also brings some of its branded coffee products and creamers into grocery channels. The company's business is built around coffee craftsmanship, food and beverage service, and neighborhood-focused store experiences.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0410-35-23N-21W-1-101-00 | Improvements Assessment | $75,457 |
| Land Assessment | $27,676 | Total Assessment | $103,133 |
Property Taxes
Parcel Number
0410-35-23N-21W-1-101-00
Land Assessment
$27,676
Improvements Assessment
$75,457
Total Assessment
$103,133
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