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6003 15Th St Midwest City, OK 73110

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For Sale
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Midwest City Retail Investment Opportunity

Property size:
13,750 SF

Property Features for 6003 15Th St

General Information

Property type
Lifestyle centers
Square Feet
13,750 SF
Lot Size
63,031 SF

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Listing Contact
George Williams, Ccim
George Williams, Ccim

Listing Agency: Price Edwards & Company Oklahoma City Listing Agent: George Williams, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

The Sooner Rose III Shopping Center, located at 6003 SE 15th St, Midwest City, OK 73110, presents a compelling investment opportunity. This 13,750 square foot shopping center sits on a 1.447-acre lot and is currently 100% occupied by four established tenants, offering a stabilized investment with long-term leases. The property boasts a strong net operating income (NOI) of $324,750, resulting in a 7.50% capitalization rate and an asking price of $4,330,000 ($314.91/sq ft). Anchor tenant, Louie's Grill & Bar (4,500 sq ft), has six years remaining on its lease. Other tenants include Uptown Cheapskate, Big O Pork & Dreams, and World of Smoke, each contributing to a diverse tenant mix with lease terms ranging from five to seven years. Rental rates range from $17 to $28 per square foot. Situated in a high-traffic area with excellent visibility and ample parking, the center benefits from its proximity to Tinker Air Force Base and ongoing development in the surrounding area, promising long-term appreciation potential. The property's modern storefronts and strategic location contribute to its strong curb appeal and consistent shopper traffic, making it an attractive investment for those seeking a stable, income-generating asset with growth potential in a thriving market. This is a prime retail corridor in Midwest City, Oklahoma.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Lifestyle centers

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Midwest City
County
Oklahoma
State
Oklahoma
Longitude
-97.4169942
Latitude
35.4501261

FAQs

What type of property is this?
Lifestyle center - Midwest City Retail Investment Opportunity
Where is this lifestyle center located?
The property is located at 6003 15Th St Midwest City, OK.
What is the asking price?
The asking price for this property is $4,330,000.
What are key features of this property?
This property features: 100% occupancy with established tenants in a thriving development.; Prime location adjacent to Tinker Air Force Base.; Attractive cap rate and strong NOI in a premier Mid-West City retail corridor.
(405) 657-7800 Call to check price and availability
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