Net Leased Verizon Wireless
For Sale
Contact for pricing
318 E State Highway 152, Mustang, OK 73064
Brand new Verizon Wireless single-tenant net lease property along State Highway 152 with a remaining lease term through February 28, 2027.
Property Size2,400 SF
Days on Market145
Property Features for 318 E State Highway 152
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Additional Details
Traffic Count
22,954 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 8:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
This is a single-tenant, net leased Verizon Wireless retail property in brand new construction. The offering is under a lease with Verizon Wireless, with more than nine years remaining as of the new lease commencement, which began in February 2017. The lease includes rental escalations featuring 10% increases in the primary term and in each renewal option period, with specific increases noted in 2022 and again in each of the two five-year renewal option periods. The lease expires February 28, 2027.
The property is located along State Highway 152, identified as the primary east-west thoroughfare in Mustang, Oklahoma. State Highway 152 traffic counts are listed at 22,954 vehicles per day. The retail corridor is within a residential community and is near multiple residential communities, local businesses, and schools.
Retail neighbors mentioned in the area include Walmart Supercenter, Lowe’s Home Improvement, CVS Pharmacy, Walgreens, O’Reilly Auto Parts, NAPA, and Tractor Supply, along with quick service restaurants. Educational facilities noted include Mustang High School, Mustang Middle School, and Mustang Elementary School, each roughly one mile from the property. Also nearby are the Oklahoma National Guard headquarters and St. Anthony Healthplex Mustang, a freestanding emergency care hospital located less than one-quarter mile from the property.
The property is located along State Highway 152, identified as the primary east-west thoroughfare in Mustang, Oklahoma. State Highway 152 traffic counts are listed at 22,954 vehicles per day. The retail corridor is within a residential community and is near multiple residential communities, local businesses, and schools.
Retail neighbors mentioned in the area include Walmart Supercenter, Lowe’s Home Improvement, CVS Pharmacy, Walgreens, O’Reilly Auto Parts, NAPA, and Tractor Supply, along with quick service restaurants. Educational facilities noted include Mustang High School, Mustang Middle School, and Mustang Elementary School, each roughly one mile from the property. Also nearby are the Oklahoma National Guard headquarters and St. Anthony Healthplex Mustang, a freestanding emergency care hospital located less than one-quarter mile from the property.
Key Highlights
- Brand new construction Verizon Wireless single‑tenant net lease property (2,400 SF) on State Highway 152 in Mustang, OK
- Lease commenced February 2017 and expires February 28, 2027, with more than 9 years remaining reported
- Triple net lease includes 10% rental escalation in the primary term and in each renewal option period (10% escalation in 2022, plus both 5‑year options)
Property Analytics
Property Profile
Current Use
Lease Details
22,954 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
206k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 82%
Shops & Services 13%
Apparel 4%
Electronics 2%
McDonald's
Dining
28,730 visits/mo
0.2 miles
Braum's Ice Cream & Dairy Stores
Dining
20,968 visits/mo
0.5 miles
Whataburger
Dining
17,150 visits/mo
0.4 miles
SONIC Drive In
Dining
16,632 visits/mo
0.2 miles
Starbucks
Dining
14,602 visits/mo
0.3 miles
Demographics for 73064, OK
25,137
Population
10,285
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
93%
High-School Grad
53.7 sq mi
ZIP Area
468
Density / Sq Mi
$93,861
Median Household Income
$51,699
Median Earnings
$1,280
Median Rent
$236,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Brand new Verizon Wireless single-tenant net lease property along State Highway 152 with a remaining lease term through February 28, 2027.
Where is this retail space located?
The property is located at 318 E State Highway 152 Mustang, OK.
What are key features of this property?
This property features: Brand new construction Verizon Wireless single‑tenant net lease property (2,400 SF) on State Highway 152 in Mustang, OK; Lease commenced February 2017 and expires February 28, 2027, with more than 9 years remaining reported; Triple net lease includes 10% rental escalation in the primary term and in each renewal option period (10% escalation in 2022, plus both 5‑year options)
