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Danforth Square 730-828 W Danforth Rd 74,412 SF 98% Leased Retail Building Edmond, OK 73003 $7,300,000 ($98.10/SF) 6.43% Cap Rate
Investment Highlights
- All brick construction. Roof under warranty.
Executive Summary
• All Nine Tenants are on Triple-Net Leases
• Hobby Lobby Executed Recent 7 Year Renewal
• Consistent Growth in Local Population & Income
• Excellent Owner/Manager Maintenance Program
• 98.4% Occupancy as of August 2025
• Local Dynamics from Parks, Schools & Retailers
• Potential Under Market Rent Opportunity
• Hobby Lobby Executed Recent 7 Year Renewal
• Consistent Growth in Local Population & Income
• Excellent Owner/Manager Maintenance Program
• 98.4% Occupancy as of August 2025
• Local Dynamics from Parks, Schools & Retailers
• Potential Under Market Rent Opportunity
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
74,412 SF
Building Class
C
Year Built
1999
Price
$7,300,000
Price Per SF
$98.10
Cap Rate
6.43%
NOI
$469,627
Percent Leased
98%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.19
Lot Size
9.12 AC
Zoning
d1 - General Retail
Parking
456 Spaces (6.13 Spaces per 1,000 SF Leased)
Frontage
397’ on Danforth Rd
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Salon space and office space available.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,200 SF | Office/Retail | In-Line | Now |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Office/Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 1,200 SF |
| Space Use | Office/Retail |
| Position | In-Line |
| Available | Now |
Salon space and office space available.
Nearby Major Retailers
Property Taxes
| Parcel Number | 182412030 | Improvements Assessment | $368,581 |
| Land Assessment | $172,329 | Total Assessment | $540,910 |
Property Taxes
Parcel Number
182412030
Land Assessment
$172,329
Improvements Assessment
$368,581
Total Assessment
$540,910
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Danforth Square | 730-828 W Danforth Rd
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