2615 N 14th St - Freestanding FOR SALE
Ponca City, OK 74601 |
$1,250,000 USD
602-975-0804
2615 N 14th St
Ponca City, OK 74601
HIGHLIGHTS
- The lease is backed by Sherwin-Williams, a nationally recognized, investment-grade tenant, providing strong credit security and long-term stability
- Sherwin-Williams has operated at this location for 35 years and executed a 5-year lease extension, demonstrating long-term commitment to the site
- Ownership has completed significant tenant improvements to the building and parking lot within the past couple months
- The nearest Sherwin-Williams location is 42 miles away, minimizing brand cannibalization and supporting sustained performance
- The property is supported by a population of 26,549 residents within a 5-mile radius and an average household income of $87,124 within 1-mile radius
- The property is strategically located along Ponca City’s primary retail corridor, offering strong visibility and convenient ingress and egress
FOR SALE DETAILS
PRICE
$1,250,000 USD
PRICE/SF
$250 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sherwin-Williams
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.52 AC
LAND SF
22,651 SF
ZONING
-
APN/PARCEL ID
1990-14-026-02E-2-011-00
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602-975-0804
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602-975-0804
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