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    FOR LEASE
    Strip malls

    6205 SE 15Th St, Midwest City, OK 73110

    5,208 SF 1.09 ac lot Built 2011
    Individually Owned 15-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US69-0238213
    Property summary
    AI-generated overview

    This exceptional 5,208 square foot retail space is ideally situated at 6205 S.E. 15th Street in Midwest City, Oklahoma, within the 73110 zip code. Built in 2011, the property boasts a C-3 zoning classification, offering significant flexibility for a variety of retail uses. The single-tenant building enjoys excellent visibility and accessibility from 15th Street, ensuring high traffic exposure. The location benefits from its proximity to major thoroughfares, including easy access to I-40, providing convenient access for customers and employees. This strategic location places the property in close proximity to a strong concentration of national retailers, including a Walmart Supercenter, Chick-fil-A, Academy Sports + Outdoors, Burlington, and Home Depot, creating a vibrant and high-traffic retail environment. The property presents a compelling opportunity for businesses seeking a well-established location within a thriving commercial corridor. The building's 2011 construction ensures modern amenities and efficient space utilization. This single-tenant occupancy provides a unique opportunity for a business to establish a strong presence in a high-demand area. Interested parties are encouraged to inquire for further details and to explore the potential of this exceptional retail space. Oklahoma County location.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2011
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,208 SF
    Lot 1.09 ac (47,263 SF)
    APN 15-020-7755
    UPID US69-0238213
    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
    $857k
    Blend (final) Blend
    $850k
    Owner & transaction history
    Nhon Vanlam · 15 yrs held
    Nhon Vanlam
    since 2011
    3 recorded transactions
    2011
    2008
    $116,000
    2001
    $75,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $815,000 +37.7%
    Auto repair, garage $775,000 +31.2%
    Office building $670,000 +13.2%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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