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100% Occupied Retail Center 900 E Prospect Ave 12,160 SF 87% Leased Retail Building Ponca City, OK 74601 $1,650,000 ($135.69/SF) 6.62% Cap Rate
INVESTMENT HIGHLIGHTS
- Major Retail Corridor
- Heavily Traveled Corridor
- Stabilized Tenant Base
EXECUTIVE SUMMARY
The property fronts East Prospect Street and is adjacent to Aldi and next to Icon Theater. The property is on a heavily traveled retail corridor and is surrounded by national retailers including a Walmart Supercenter, Atwoods, Tractor Supply, Chili's, Hobby Lobby, Burger King and Schloltzsky's.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$127,689
|
$10.50
|
| Other Income |
$15,864
|
$1.30
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$143,553
|
$11.81
|
| Taxes |
$12,279
|
$1.01
|
| Operating Expenses |
$21,993
|
$1.81
|
| Total Expenses |
$34,272
|
$2.82
|
| Net Operating Income |
$109,281
|
$8.99
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $127,689 |
| Annual Per SF | $10.50 |
| Other Income | |
|---|---|
| Annual | $15,864 |
| Annual Per SF | $1.30 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $143,553 |
| Annual Per SF | $11.81 |
| Taxes | |
|---|---|
| Annual | $12,279 |
| Annual Per SF | $1.01 |
| Operating Expenses | |
|---|---|
| Annual | $21,993 |
| Annual Per SF | $1.81 |
| Total Expenses | |
|---|---|
| Annual | $34,272 |
| Annual Per SF | $2.82 |
| Net Operating Income | |
|---|---|
| Annual | $109,281 |
| Annual Per SF | $8.99 |
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Finance and Insurance
- 1,520 SF
- $13.00
- Triple Net
- Feb 2028
Check n' Go here to help people. They want to make sure that financial situations don’t get in the way of life’s most precious moments. That’s why the company does their best to give back to the communities whose lives they touch as often as they can through outreach programs, foodbank donations, and child well-being initiatives.
- K&K Nail & Spa
- Services
- 1,520 SF
- $13.42
- Modified Gross
- Mar 2028
-
- Health Care and Social Assistance
- 1,850 SF
- $12.00
- Triple Net
- Feb 2027
Extensive oral care for people of all ages Professional orthodontic care for the whole family With over 5 years of experience in the dental industry, Ponca Smiles is your ideal clinic for top-quality orthodontic care. Whether you’re looking for designer braces or Invisalign, we have all your orthodontic needs covered.
-
- Accommodation and Food Services
- 1,520 SF
- $14.00
- Triple Net
- Dec 2027
Subway is a privately held global quick-service restaurant brand founded in 1965. It operates through a franchise model, offering customizable submarine sandwiches, wraps, salads, and beverages. The brand emphasizes fresh ingredients and quick service across thousands of locations worldwide. Subway remains privately owned and continues to expand its footprint through franchising, maintaining its position as one of the largest restaurant chains globally.
- The Beauty Shop
- Services
- 1,520 SF
- $12.00
- Triple Net
- Jan 2029
- Vapor 100
- -
- 2,710 SF
- $9.96
- Modified Gross
- Feb 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Finance and Insurance | 1,520 SF | $13.00 | Triple Net | Feb 2028 | |
| K&K Nail & Spa | Services | 1,520 SF | $13.42 | Modified Gross | Mar 2028 | |
|
|
Health Care and Social Assistance | 1,850 SF | $12.00 | Triple Net | Feb 2027 | |
|
|
Accommodation and Food Services | 1,520 SF | $14.00 | Triple Net | Dec 2027 | |
| The Beauty Shop | Services | 1,520 SF | $12.00 | Triple Net | Jan 2029 | |
| Vapor 100 | - | 2,710 SF | $9.96 | Modified Gross | Feb 2027 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
1,520 square feet of office or retail space available for lease. Office, retail and residential use.
| Space | Size | Space Use | Position | Available |
| 900 | 1,520 SF | Office | - | Now |
900
| Size |
| 1,520 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
900
| Size | 1,520 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
1,520 square feet of office or retail space available for lease. Office, retail and residential use.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,010,296 | |
| Land Assessment | $256,576 | Annual Taxes | $12,279 ($1.01/SF) |
| Improvements Assessment | $753,720 | Tax Year | 2025 |
PROPERTY TAXES
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100% Occupied Retail Center | 900 E Prospect Ave
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