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Property profile & analytics
FOR LEASE
Strip malls

10001 SE 15Th St Midwest City, OK 73130

6,500 SF 0.84 ac lot Built 1996
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US69-0680654
Property summary
AI-generated overview

This 6,500 square foot retail building is situated on the northeast corner of SE 15th Street and Post Road in Midwest City, Oklahoma, offering prominent frontage on both major thoroughfares. The property features a single building with 43 parking spaces and security lighting, ensuring ample customer convenience and safety. Currently, 2,266 square feet of retail space is available for lease, representing a significant opportunity for a variety of businesses. The building's outparcel location provides excellent visibility and accessibility, positioned directly in front of a 50,000 square foot Buy For Less grocery store, guaranteeing high traffic counts and substantial foot traffic. The property's strategic location next to Marcos Pizza further enhances its appeal and potential for synergistic business relationships. The lease terms are NNN at a rate of $3.50 per square foot. This property presents a compelling investment opportunity for businesses seeking high visibility and a strong customer base in a thriving Midwest City location. The available space is ideal for a variety of retail uses, capitalizing on the significant traffic generated by the adjacent grocery store and other nearby businesses. The ample parking and security features further enhance the property's attractiveness to potential tenants.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,500 SF
Lot 0.84 ac (36,590 SF)
APN 12-930-1020
UPID US69-0680654
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$847k
Blend (final) Blend
$615k
Owner & transaction history
Abs Dfw Investor LLC · 19 yrs held
Abs Dfw Investor LLC
since 2006
5 recorded transactions
2006
Price N/A
1998
$585,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $935,000 +22.1%
Retail stores $830,000 +8.6%
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More about this property
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