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601-603 NW 23rd St 18,203 SF 100% Leased Retail Building Oklahoma City, OK 73103 $3,750,000 ($206.01/SF) 7.61% Cap Rate
Investment Highlights
- 67' of Frontage on N.W. 23rd Street
Executive Summary
100% Occupied. 7.61% Cap Rate. Uptown Oklahoma City Investment. Located on 23rd Street. Offering Memorandum Available Upon Request.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,203 SF
Building Class
C
Year Built
1929
Price
$3,750,000
Price Per SF
$206.01
Cap Rate
7.61%
NOI
$285,375
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.67
Lot Size
0.25 AC
Zoning
Commercial - Commercial
Parking
10 Spaces (6.49 Spaces per 1,000 SF Leased)
Frontage
67’ on 23rd St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Manufacturing
- -
- -
- -
- -
Boom Town Creamery began serving customers in 2022 after inspiration from Oklahoma City history shaped the brand and shop design. The company makes homemade ice cream in small batches from scratch, using fresh ingredients and handmade mix-ins across a rotating menu of classic and seasonal flavors. Offerings also include pints, party packs, cakes, and catering for events. Boom Town Creamery now serves the Oklahoma City metro through a network of shop locations and continues to build its presence as a dessert-focused business rooted in local identity.
- Uptown Smiles PLLC
- Public Administration
- -
- -
- -
- -
- Waymon Thompson and James Collins
- Services
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Manufacturing | - | - | - | - | |
| Uptown Smiles PLLC | Public Administration | - | - | - | - | |
| Waymon Thompson and James Collins | Services | - | - | Triple Net | - |
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 047301165 | Improvements Assessment | $173,868 |
| Land Assessment | $5,929 | Total Assessment | $179,797 |
Property Taxes
Parcel Number
047301165
Land Assessment
$5,929
Improvements Assessment
$173,868
Total Assessment
$179,797
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