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AT&T NNN Retail Property
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2240 12th Ave NW, Ardmore, OK 73401

Single-tenant retail asset with an NNN lease, remaining term, and one extension option.

Property Size4,500 SF
Price / SF$550
Days on Market650

Property Features for 2240 12th Ave NW

General Information

Standard status Active
Size 4,500 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type NNN
Net Operating Income $173,250

Building Details

Year Built 2014
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Foremark Inc
Listed By: Lisa Butler · License #TX 586493
Source: Crexi
Added: Nov 19, 2024 Changed: Aug 30 Last Checked: Aug 30 at 1:13AM

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 Foremark Inc

Investment Insights

Based on property information with market context.

Built in 2014, this single-tenant retail property contains a 4,500-square-foot building on approximately 0.97 acres. The premises were leased to AT&T New Cingular Wireless PCS, LLC in 2014 under an NNN structure, with over four years remaining and one five-year option. The arrangement places the property within the NNN asset category and supports a straightforward ownership profile.

The property is located at 2240 12th Avenue NW in Ardmore, Oklahoma, along 12th Avenue, a primary east-west route through the city. The corridor records over 22,000 VPD and the site is near Lowe’s, AMC Theater, Discount Tire, and additional national restaurant and retail brands.

Key Highlights

  • AT&T retail property leased to AT&T New Cingular Wireless PCS, LLC in 2014
  • 4,500 square foot building on a ±.97 acre lot
  • NNN lease with over 4 years of term remaining

Property Analytics

Current Use

AT&T Store Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Barber 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.

Location Intelligence

Trade Area within ½ mile

385
Businesses Nearby

Demographics for 73401, OK

36,744
Population
16,349
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
88%
High-School Grad
351.5 sq mi
ZIP Area
105
Density / Sq Mi
$60,288
Median Household Income
$39,005
Median Earnings
$960
Median Rent
$174,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant retail asset with an NNN lease, remaining term, and one extension option.
Where is this nnn property located?
The property is located at 2240 12th Ave NW Ardmore, OK.
What is the asking price?
The asking price for this property is $2,475,000.
What are key features of this property?
This property features: AT&T retail property leased to AT&T New Cingular Wireless PCS, LLC in 2014; 4,500 square foot building on a ±.97 acre lot; NNN lease with over 4 years of term remaining
More about this property
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