Retail    

Ponca City Retail Center

 Ponca City, Oklahoma

Asking Price

$6,044,973

Cap Rate

7.50%

Icons-_NOI-Square

NOI

$453,373

Icons_YrBuilt-Hammer-Icon

Year Built

1991

Icons_Lease-Icon

WALT

4.7 Years

Icons_BuildSize-SqFt-Icon

Square Feet

59,101 SF

Icons-Acreage

Land Area

7.77 AC

Icons_Strong-Tenant-Icon

No. of Units

6

For more details on this exclusive listing

DOWNLOAD OM

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • Attractive $102 Price PSF Entry Rate
  • Large National Tenants | Strong Corporate Leases - 45% of GLA
  • Moderate Market & Below Market Rent | Leasing Upside
  • Utilitarian Box Spaces | Recently Replaced Roof
  • Dollar Tree's 11.8% Rent Increase
  • Dollar Tree & Aaron's Approaching 20 Years of Operating History
  • Situated in Ponca City's Main Retail Corridor - 3.3M Annual Visits
  • Frontage on US Hwy 77 - 5.3M Annualized Traffic Count
  • Affluent $77K Average Household Income

Exclusively Listed By

Anne Perrault

Vice President
  aperrault@northmarq.com      918-794-9538
OK Broker License #156103

Ryan Butler

Senior Vice President & Managing Director
  rbutler@northmarq.com   
OK Broker License #145949

Ben Ganzkow

Principal
  ben@legacycpadvisors.com   

Jonathan Cowan

Principal, Acquisitions & Development
  jonathan@legacycpadvisors.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   
OK Broker License #149299

David Annett

Senior Associate
  dannett@northmarq.com   
OK Broker License #161319

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

northmarq.com

©2024 Northmarq
Privacy Policy Terms & Conditions