12260 23Rd St Choctaw, OK 73020
This exceptional 16,450-square-foot community shopping center, situated on a 5.02-acre lot in Choctaw, Oklahoma, presents a compelling investment opportunity. Built in 1980 and extensively renovated in 2022, the single-story building boasts 13 suites, with 2,400 square feet currently vacant. Available spaces range from 1,000 to 1,400 contiguous square feet, ideal for a variety of retail or office uses. The property features a 12-foot ceiling height, ample parking with 83 spaces, and excellent visibility along an 838-foot frontage on NE 23rd Street, near W Meyers Cir E. The property's zoning is Commercial (APN: R194765015), and it benefits from convenient access to surrounding neighborhoods and major commuter routes. Taxes are $0.48 per square foot. The property offers 200 amp, 120-240 volt, 3-phase power. Competitive modified gross lease terms are available, making this an attractive option for businesses seeking affordable and efficient space in a thriving East Oklahoma County location (Zip code 73020). The property's location provides easy access to the surrounding community and major transportation routes.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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