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Single-Story Strip Mall Investment
For Sale
Contact for pricing

601-603 NW 23rd St, Oklahoma City, OK 73103

For sale strip mall investment is 100% occupied and reported with a 7.61% cap rate.

Property SizeContact for details
Days on Market43

Property Features for 601-603 NW 23rd St

General Information

Standard status Active
Property subtype RETAIL
Occupancy 100%

Additional Details

Cap Rate 7.61%

Building Details

Year Built 1929
Listing Agency: NAI RED Commercial Real Estate
Listed By: Nathan Wilson · License #171981
Source: Naired
Added: Jul 24 Changed: Aug 28 Last Checked: Sep 4 at 2:12AM

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 NAI RED Commercial Real Estate

Investment Insights

Based on property information with market context.

This for-sale strip mall investment is reported as 100% occupied. The offering also includes a reported 7.61% cap rate.

The property is located on 23rd Street. An Offering Memorandum is available upon request for qualified parties.

Key Highlights

  • 100% occupied strip mall investment
  • Reported 7.61% cap rate
  • Uptown Oklahoma City investment

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Florist Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

681
Businesses Nearby
484k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 33% Apparel 20% Electronics 5%
Five Below Shops & Services
54,542 visits/mo 0.2 miles
Hobby Lobby Shops & Services
42,221 visits/mo 0.2 miles
McDonald's Dining
41,413 visits/mo 0.4 miles
Ross Dress for Less Apparel
40,506 visits/mo 0.2 miles
JCPenney Apparel
38,624 visits/mo 0.2 miles

Demographics for 73103, OK

5,046
Population
3,489
Households
1.4
Avg Household Size
34
Median Age
61%
College-Educated
99%
High-School Grad
1.2 sq mi
ZIP Area
4,205
Density / Sq Mi
$56,934
Median Household Income
$50,055
Median Earnings
$954
Median Rent
$400,400
Median Home Value

Market

Vacancy Rate% for Retail in Oklahoma City, OK

9.1% 2019
7.8% 2020
8.4% 2021
8.1% 2022
7.7% 2023
7.4% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - For sale strip mall investment is 100% occupied and reported with a 7.61% cap rate.
Where is this strip mall located?
The property is located at 601-603 NW 23rd St Oklahoma City, OK.
What are key features of this property?
This property features: 100% occupied strip mall investment; Reported 7.61% cap rate; Uptown Oklahoma City investment
More about this property
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