Freestanding Retail Building For
14315 Market Blvd Choctaw, OK 73020
14315 Market Blvd, Choctaw, OK, 73020
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For Sale
Contact for pricing
100% occupied multi-tenant retail building in Choctaw, Oklahoma.
Property Size8,600 SF
Price / SF$356.74
Days on Market354
Property Features for 14315 Market Blvd
General Information
- Standard status
- Active
- Size
- 8,600 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing Agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Matthew Mousavi · License #CA 01732226
Source
Crexi
Added: Jul 31, 2025 Checked: Jul 19 at 6:00 am
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This freestanding multi-tenant retail building is 100% occupied and located in Choctaw, Oklahoma, within the Oklahoma City MSA. The property features a diverse mix of established tenants, including Great Clips, T-Mobile, Cricket, AT&T, and Los Aztecas Mexican Restaurant. AT&T recently exercised their first five-year option, extending their lease to July 2029. All tenants operate under NNN leases. The property is strategically located just off U.S. Highway 62 (14,000 VPD), between a Walmart Supercenter and a Dollar Tree-anchored center. It benefits from excellent visibility, a large monument sign, and multiple points of ingress/egress. Nearby national and credit tenants include CVS Pharmacy, Chase Bank, O’Reilly Auto Parts, and Starbucks. The surrounding area within a 5-mile radius has 41,483 residents and 6,253 employees. The average household income within 3 miles of the property is $104,944. Choctaw is located 15 miles east of Oklahoma City. The property size is 8,600 square feet.
Key Highlights
- 100% occupied freestanding multi‑tenant retail building
- NNN leases offer low‑management, passive investment
- Strong tenant mix: Great Clips, T‑Mobile, Cricket, AT&T, Los Aztecas Mexican Restaurant
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.4k | $16.68 |
| − Vacancy | −$13.8k | −$1.60 |
| EGI | $129.7k | $15.08 |
| − OpEx | −$38.9k | −$4.52 |
| NOI | $90.8k | $10.56 |
8,600 SF · lease $16.68/SF/yr · vacancy 9.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.30M
$1.13M – $1.51M
NOI $90,774 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,386 @ 7.0% cap · market cap 4.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
FAQs
What type of property is this?
Shopping center - 100% occupied multi-tenant retail building in Choctaw, Oklahoma.
Where is this shopping center located?
The property is located at 14315 Market Blvd Choctaw, OK.
What is the asking price?
The asking price for this property is $3,068,000.
What are key features of this property?
This property features: 100% occupied freestanding multi‑tenant retail building; NNN leases offer low‑management, passive investment; Strong tenant mix: Great Clips, T‑Mobile, Cricket, AT&T, Los Aztecas Mexican Restaurant
