2904 N 14TH ST Ponca City OK 74601

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.

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.