Corner Lot Storefront in
For Sale
Contact for pricing
3401 NW 36th St, Oklahoma City, OK 73112
Storefront property with easy highway access on a corner lot.
Property Size2,400 SF
Price / SF$375
Days on Market653
Property Features for 3401 NW 36th St
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Listing Agency:
Whittington Realty
(405) 306-9141
Listed By:
Cynthia Carlton · License #173689
Source:
Crexi
Added: Oct 20, 2024
Changed: Jul 6
Last Checked: Aug 2 at 3:48PM
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 Whittington Realty
Investment Insights
Based on property information with market context.
This is a storefront property situated on a corner lot, offering convenient access to and from the highway. The property size is 2400 square feet. The listing is for the building alone, and does not include any existing business or inventory.
Key Highlights
- Great Location
- Corner Lot offers increased visibility
- Easy access on and off Highway
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 | $72.0k | $30.00 |
| − Vacancy | −$4.3k | −$1.80 |
| EGI | $67.7k | $28.20 |
| − OpEx | −$20.3k | −$8.46 |
| NOI | $47.4k | $19.74 |
2,400 SF · lease $30.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$676.8K
$592.2K – $789.6K
NOI $47,376 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$820.8K
$718.2K – $957.6K
NOI $57,456 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
200k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 39%
Shops & Services 21%
Home Improvements & Furnishings 20%
Dining 16%
Sam's Club
Superstores
78,431 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
40,426 visits/mo
0.3 miles
Wendy's
Dining
12,393 visits/mo
0.1 miles
Starbucks
Dining
11,274 visits/mo
0.1 miles
OnCue Express
Shops & Services
9,497 visits/mo
0.1 miles
Demographics for 73112, OK
31,113
Population
16,413
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
7.6 sq mi
ZIP Area
4,094
Density / Sq Mi
$57,833
Median Household Income
$39,641
Median Earnings
$1,030
Median Rent
$173,100
Median Home Value
Market
Vacancy Rate% for Retail in Oklahoma City, OK
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront property with easy highway access on a corner lot.
Where is this storefront property located?
The property is located at 3401 NW 36th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Great Location; Corner Lot offers increased visibility; Easy access on and off Highway
