12260 NE 23rd St - Storefront FOR SALE


Nicoma Park, OK 73066
$1,300,000 USD
253-549-8701
12260 NE 23rd St, Nicoma Park, OK for Sale
$1,300,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

12260 NE 23rd St
Nicoma Park, OK 73066


HIGHLIGHTS

  • Individual addresses for suites, supporting independent tenant operations
  • Low basis entry with lease-up and rent growth upside
  • Located on the NE 23rd retail corridor serving Choctaw residential growth
  • Large storefront windows providing natural light and display opportunities.
  • Above-market capitalization rate.

OVERVIEW

Community Park Shopping Center presents an outstanding investment opportunity in Nicoma Park, Oklahoma, for a cash investor. Situated on a 5-acre parcel along NE 23rd Street, this retail center offers strong visibility and convenient access to surrounding neighborhoods and commuter routes. Recently renovated in 2023, the property features large storefront windows, ample parking, and a layout that accommodates a variety of retail uses. Positioned in East Oklahoma County, the center benefits from proximity to major retailers such as Walmart, Starbucks, and McDonald’s, as well as recreational destinations like Choctaw Creek Golf Course. With the location's growth in desirability, and updated facade. This asset provides an above-market capitalization rate.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Community Park Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Garden Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

93

LAND DETAILS

LAND ACRES

5.02 AC

LAND SF

218,671 SF

ZONING

C-2

APN/PARCEL ID

194765015

ASK ABOUT THIS PROPERTY

Zack ConroyBANTA Property GroupMore Info
253-549-8701

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Zack ConroyBANTA Property GroupMore Info
253-549-8701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.