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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 Bridgeport, Connecticut, as a submarine sandwich shop started by Fred DeLuca and Peter Buck in the mid-1960s, and the brand later expanded through franchising. The company now focuses on made-to-order sandwiches alongside salads, wraps, cookies, and other menu items served through a broad franchise system. Subway has grown into a globally recognized restaurant brand with a large international footprint and a long-standing emphasis on quick-service meals and customizable menu choices.
- 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
