1604-1630 NW 23rd St - Retail FOR SALE


Oklahoma City, OK 73106- Gatewood UCD
$1,872,360 USD
405-219-6977
1604-1630 NW 23rd St, Oklahoma City, OK for Sale
$1,872,360 USD
Retail - FOR SALE
1/2
null | 7.5% Cap Rate

1604-1630 NW 23rd St
Oklahoma City, OK 73106
Gatewood UCD


HIGHLIGHTS

  • 100% leased
  • NW 23rd Street frontage
  • 15,600 VPD along NW 23rd St.
  • Average HH Income 1-mile radius $105,153
  • 147,206 daytime employees 3-mile radius

OVERVIEW

Newmark Robinson Park is pleased to offer the opportunity to acquire University Plaza, a 9,200-square-foot retail center located at 1630 NW 23rd Street in Oklahoma City, Oklahoma. Built in 2007, the property is anchored by Jersey Mike’s and a combination Pizza Hut / WingStreet. Jersey Mike’s Subs is a leading fast-casual sandwich chain founded in 1956 in New Jersey, with more than 3,000 locations across the United States and Canada. Pizza Hut / WingStreet is a globally recognized quick-service restaurant brand founded in 1958 and operating within Yum! Brands, with more than 19,000 restaurants worldwide and an expanded menu platform that includes WingStreet branded wings. The property is positioned along NW 23rd Street near Oklahoma City University, one of Oklahoma City’s strongest urban retail corridors, benefiting from dense surrounding population, destination appeal, and a highly desirable central infill location. The corridor is part of the Uptown 23rd District, a historic Route 66 commercial corridor extending from Broadway to Pennsylvania and Oklahoma City University and is widely recognized as one of the city’s premier business and entertainment districts.

FOR SALE DETAILS

PRICE

$1,872,360 USD

PRICE/SF

$204 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C-3

APN/PARCEL ID

045001233,045001260

ASK ABOUT THIS PROPERTY

Michael RapellaNewmark Robinson ParkMore Info
405-219-6977

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Michael RapellaNewmark Robinson ParkMore Info
405-219-6977

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