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100% Occupied Retail Center 900 E Prospect Ave 12,160 SF 88% 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
Check `n Go began in 1994 and has grown into a financial services company serving customers across the United States. The company offers installment loans, payday loans, cash advances, check cashing, and other related financial services through online and in-store channels. Check `n Go provides borrowers with application, borrowing, and account-management tools tied to its lending products. Its business has centered on short-term consumer financial solutions for people seeking access to funds when expenses arise.
- K&K Nail & Spa
- Services
- 1,520 SF
- $13.42
- Modified Gross
- Mar 2028
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.
Subway began in 1965 when Fred DeLuca and Peter Buck opened a submarine sandwich shop in Connecticut with a small investment and a handshake. The company grew through franchising and developed from a local sandwich shop into a global restaurant brand serving freshly made sandwiches at a value-oriented price point. Subway’s menu centers on submarine sandwiches and wraps, with additional offerings that include salads, cookies, soft drinks, and selected pizza items at some locations. The business operates through a large franchise network and maintains a significant presence across international markets while continuing to emphasize convenient, customizable meals.
- 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
Contact the Sale Advisor
100% Occupied Retail Center | 900 E Prospect Ave
