www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze property details including ownership and financial history. Share advanced property insights with your clients and teams.

Ponca Shopping Center

Regional Center | 8.00% CAP | $64 PPSF | Hobby Lobby, Bealls & Dollar General

Listing Contacts

Active

Asking Price: $5,725,000
Address 

2904 N 14th St, Ponca City, OK 74601

Show on Map
Date Added
Oct 21, 2024
Days on Market
181 days
Time Since Last Update
27 days

Details

Property TypeRetail
SubtypeShopping Center
Investment TypeStabilized
Lease TypeNNN
TenancyMulti
Brand/TenantDollar General, Hobby Lobby, Bealls
Number of Tenants4
Remaining Term10 years
Square Footage89,874
Cap Rate8.00%
Occupancy100%
NOI$458,222
Buildings1
Lot Size (acres)6.03
APN1990-15-026-02E-1-015-00
Lease OptionsVaries

Marketing Description

Introducing Ponca Shopping Center, a prime investment opportunity located at 2904 N 14th St, Ponca City, OK 74601.​ This regional shopping center boasts an 8.00% CAP ($5,725,000 - $64 PPSF) and offers a strong NOI of $458,222 with 100% occupancy across approximately 89,874 SF.​ It is anchored by several national tenants, including Hobby Lobby, Bealls, and Dollar General.​

Investment Highlights

Hobby Lobby:

  • Hobby Lobby has been a part of the center since 1998 and has term until 3/31/2028.

Bealls:

  • Bealls just signed a new lease and has term until 1/31/2036.

Dollar General:

  • Dollar General has been a part of the center since 1998 and has term until 4/30/2027. 

Other Highlights:

  • Starbucks, Verizon, Burger King, and Taco Bell are located on the outparcels (NAP).

    • The outparcels do not obstruct the visibility of the tenants in this part of the center.

    • The Starbucks was developed in 2022.

  • Located on the main retail corridor.

  • The Walmart Supercenter near the property is owned by Walmart.

Location:

  • The property is located in Ponca City, Oklahoma, a city known for its strong industrial base, including oil and gas production, agriculture, and manufacturing.

  • Ponca City is home to major companies such as ConocoPhillips and the Ponca City Refinery.

  • Ponca City Regional Airport (PNC) is located 4 miles away.

  • The University Center at Ponca City is a vibrant educational hub situated in Ponca City, Oklahoma.

  • The property is situated on North 14th Street, a busy commercial corridor with high visibility and traffic flow. This location provides excellent exposure for businesses looking to attract customers and drive foot traffic

  • Ponca City offers a diverse range of amenities and attractions for residents and visitors, including parks, museums, and recreational facilities. The city has a strong sense of community and hosts events and festivals throughout the year.

  • The property’s proximity to major highways, such as Highway 60 and Highway 177, offers convenient access for customers, employees, and suppliers. This strategic location enhances the property’s appeal for businesses seeking a well-connected and accessible base of operations.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$458,222.00
$38,185.17/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI
Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Date Event Document Price Price/SF Sold By Sold To
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


Similar Properties for Sale

Pictures of Retail property located at 900 E Prospect Ave, Ponca City, OK 74601 for sales - image #1
$1,675,000
100% Occupied Retail Center
100% Occupied Retail Center in Ponca City, OK

900 E Prospect Ave Ponca City, OK 74601

Pictures of Retail property located at 2200 N 14th St, Ponca City, OK 74601 for sales - image #1
$1,648,352
POPEYES
Absolute NNN Lease • Experienced Operator and Multi Unit Guarantor

2200 N 14th St Ponca City, OK 74601

Pictures of Retail property located at 601-619 E Hartford Ave, Ponca City, OK 74601 for sales - image #1
$785,000
601-619 E Hartford
Retail • 14,000 SF

601-619 E Hartford Ave Ponca City, OK 74601

Pictures of Retail property located at 601-619 E Hartford Ave, Ponca City, OK 74601 for sales - image #1
$785,000
601-619 E Hartford
14,000 SF • 8 Unit Strip Center with Retail and Office Tenants

601-619 E Hartford Ave Ponca City, OK 74601

Pictures of Industrial, Mixed Use, Office, Retail property located at 200 W Grand Ave, Ponca City, OK 74601 for sales - image #1
$250,000
200 W Grand, Ponca City, OK 74601
"Unlock Potential: 14,000 Sq Ft Commercial Space in Prime Downtown Location"

200 W Grand Ave Ponca City, OK 74601

Pictures of Retail property located at 524 S Main St, Newkirk, OK 74647 for sales - image #1
$669,999
VP Racing Fuel
Gas Station Available for Purchase or Lease in Newkirk, OK

524 S Main St Newkirk, OK 74647

Pictures of Retail property located at 130 S Main St, Newkirk, OK 74647 for sales - image #1
$68,000
130 S Main St Newkirk, OK 74647
Retail • 6,250 SF

130 S Main St Newkirk, OK 74647

Pictures of Retail property located at 110 S Main St, Newkirk, OK 74647 for sales - image #1
$100,000
110 S Main St
Retail • 2,050 SF

110 S Main St Newkirk, OK 74647

Pictures of Retail property located at 116 W 7th St, Newkirk, OK 74647 for sales - image #1
$99,000
116 W 7th, Newkirk, OK 74647
Investment Opportunity: Seamlessly Transition into the Restaurant Industry!

116 W 7th St Newkirk, OK 74647

Pictures of Retail, Industrial, Land property located at 310 E Dewey Ave, Blackwell, OK 74631 for sales - image #1
$300,000
310 E Dewey Ave
Industrial Property Located Near Downtown Blackwell, Oklahoma

310 E Dewey Ave Blackwell, OK 74631

Pictures of Business for Sale, Mixed Use, Retail property located at 117 W Grand Ave, Tonkawa, OK 74653 for sales - image #1
virtual tour
$215,000
Commercial Flex Space
Business for Sale

117 W Grand Ave Tonkawa, OK 74653

See more properties for sale in Ponca City
See More
See More Similar Properties
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off? Report