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2217 NW 178th St 10,120 SF 51% Leased 4-Star Retail Building Edmond, OK 73012 $2,000,000 ($197.63/SF)
Investment Highlights
- Existing tenancy provides immediate income generation.
- Direct access along NW 178th Street.
- Built in 2020 with a multi-tenant commercial configuration.
- Two suites remain available for lease or owner occupancy.
- Located near residential neighborhoods, schools, and retail services.
- Exposure to approximately 22,900 vehicles per day.
Executive Summary
The 5,120-square-foot suite will be occupied by the existing karate studio through a sale-leaseback at $18.50 per square foot, NNN, producing approximately $94,720 in annual base rent, plus NNNs. The two remaining 2,500-square-foot bays will be available for lease or owner occupancy.
The property offers direct access to NW 178th Street and benefits from approximately 22,900 vehicles per day along the corridor. The surrounding area includes established residential neighborhoods, schools, retail and service businesses.
The property is offered at $2,000,000, or approximately $198 per square foot, and is priced for a timely sale.
Property Facts
Amenities
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Christian Karate Academy
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- -
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- Heritage College Prep Llc
- Educational Services
- -
- -
- -
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- Educational Services
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iCode is a privately held education company that provides hands-on coding and STEM instruction for children and teens through a network of physical learning centers. Founded in 2015, iCode operates specialized campuses that offer instructor-led programs focused on computer science, robotics, game development, digital design, and emerging technology topics. Instruction is delivered through project-based coursework intended to combine technical learning with problem-solving and collaboration skills. iCode operates under a campus-based franchise model and has expanded nationally across the United States. The organization remains privately held and continues to grow through new market openings, particularly in high-growth suburban communities with strong demand for supplemental education and youth STEM programs.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Christian Karate Academy | - | - | - | - | ||
| Heritage College Prep Llc | Educational Services | - | - | - | ||
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Educational Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $123,650 | |
| Land Assessment | $37,431 | Total Assessment | $161,081 |
Property Taxes
