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    13600 Piedmont Rd Piedmont, OK 73078

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    For Lease
    Contact for pricing

    Piedmont, OK: Brand New Retail Space

    Lot size:
    16,100 SF

    Property Features for 13600 Piedmont Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,100 SF
    Class
    A
    Total Rate
    37566.67

    Building Details

    Year Built
    2024

    Spaces For Lease

    at 13600 Piedmont Rd, Piedmont, OK 73078 Contact us
    Unit suite A1

    $32 /Mo

    Size
    2,000 SF
    Contact us
    Unit Suite A2

    $28 /Mo

    Size
    1,300 SF
    Contact us
    Unit Suite A3

    $28 /Mo

    Size
    1,371 SF
    Contact us
    Unit Suite A4

    $28 /Mo

    Size
    1,371 SF
    Contact us
    Unit Suite A5

    $32 /Mo

    Size
    1,500 SF
    Contact us
    Unit Suite B1

    $32 /Mo

    Size
    1,500 SF
    Contact us
    Unit Suite B2

    $28 /Mo

    Size
    1,371 SF
    Contact us
    Unit Suite B3

    $28 /Mo

    Size
    1,371 SF
    Contact us
    Unit Suite B4

    $28 /Mo

    Size
    1,300 SF
    Contact us
    Unit Suite B5

    $32 /Mo

    Size
    2,000 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Aden Struble

    Listing Agency: Creek Commercial Realty Listing Agent: Aden Struble

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

    Learn more

    Overview

    Colony Pointe, a Class A retail strip center in Piedmont, Oklahoma, offers 16,100 square feet of prime retail space, opening in Q4 2024. This newly constructed center boasts a desirable location at the busy intersection of NW Expressway and Piedmont Road in Canadian County, ensuring high visibility and traffic. The property features 90 parking spaces, providing ample convenience for customers. Individual spaces range from a minimum of 1,300 square feet to a maximum contiguous space of 2,000 square feet, with a significant 15,084 square feet currently available for lease. The expansive 97,138 square foot lot allows for flexible configurations and potential for drive-thru or pick-up window installations. The modern design and high-quality construction make this an ideal location for a variety of retail businesses seeking exposure to a thriving community. Easy access to NW Expressway provides excellent connectivity for customers and employees. This is a unique opportunity to secure space in a brand-new, strategically located retail center in a rapidly growing area. The property is situated north of the northeast corner of Piedmont Road and NW Expressway. Contact us today to learn more about leasing opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Hotel & Motel Auto Parts Store Food Market Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Piedmont
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.7452499
    Latitude
    35.6081442

    Nearby Similar for Lease

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    • $16 SF/Yr
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      Piedmont Office or Retail Space

      650 SF space suitable for office or retail use.
      1885 Piedmont Rd N, Piedmont, OK 73078
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    • $9 SF/Yr

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      1,200 SF

      Retail Space Near Walmart

      Retail space available near Walmart Supercenter in Piedmont, Oklahoma.
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      5,000 SF

      Piedmont Warehouse Space Available

      5,000 square foot warehouse space for lease in Piedmont, OK.
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      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Piedmont, OK: Brand New Retail Space
    Where is this neighborhood center located?
    The property is located at 13600 Piedmont Rd Piedmont, OK.
    What is the lease rate?
    The lease rate is $28-$32 SF/Yr.
    What are key features of this property?
    This property features: Brand new construction.; High visibility from NW Expressway.; 90 parking spaces available.
    Request Owner's contact information
    13600 Piedmont Rd Piedmont, OK 73078
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    Piedmont, OK 73078
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13600 Piedmont Rd Piedmont, OK 73078
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Aden Struble
    Real Estate License ID: 209339
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