2110 Oklahoma Ave Woodward, OK 73801-4258

Property Details for 2110 Oklahoma Ave

Year built

1965

Lot size

5.10 lot acres

Property size

65,094 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

0001-00-069-001-0-000-00

APU

100069001000000

Description

Invest in the Westgate Shopping Center, a thriving 62,474 square foot multi-tenant retail property situated on a 5.09-acre lot in Woodward, Oklahoma. This prime location on US Route 412 boasts approximately 18,500+ vehicles per day. The center features a strong tenant mix including United Supermarkets, a long-standing anchor tenant with over 50 years of operation, and Harbor Freight Tools, a national retailer recently signed to a new 10-year lease. Other tenants include the Department of Human Services, Woodward Pharmacy, and Anytime Fitness, creating a diverse and stable income stream. The property benefits from a recently completed renovation and offers a 7.37% cap rate with a net operating income (NOI) of $206,366 and an asking price of $2,800,000 ($44.82/sq ft). The property's location will further benefit from a planned $250 million highway project connecting Woodward to Interstate 40, enhancing accessibility and supporting future business growth. The large lot size presents potential for future outparcel development. This newly renovated, grocery-anchored shopping center offers a compelling investment opportunity with low downside risk and significant long-term upside potential, well below replacement cost. The property's address is 2110 Oklahoma Ave, Woodward, OK 73801, APN 0001-00-069-001-0-000-00.

Location Insight

City

Woodward

County

Woodward

State

Oklahoma

Longitude

-99.4067

Latitude

36.4348

CBSA code

49260

CBSA name

WOODWARD, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments