www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23464958
23464957

16557 NE 23rd Service Rd, Choctaw, OK 73020 For Sale

MB
OK 124093
Bonanza Real Estate Services, LLC
Listed by Bonanza Real Estate Services, LLC
$879,900
448 days on market
Updated 4 days ago

23rd/I-335-CHOCTAW SHOWROOM w/Warehouse/LoadDock

Details
APN 123581000
Property Type Retail
Sub Type Auto Shop, Pharmacy/Drug (+1)
Square Footage 7,700
Net Rentable (SqFt) 7,700
Units 1
Cap Rate 8.18%
NOI $72,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Rent Bumps No
Broker Co-Op Yes
Class A
Year Built 2002
Buildings 1
Stories 1
Lot Size (SqFt) 56,050
Zoning Industrial/Commercial
Parking Spaces 12 spaces
Parking per 1,000 SqFt 1.56
Investment Type Net Lease
Ownership Fee Simple

Retail | 8.00% CAP | 7,700 SqFt

Marketing description

INDUSTRIAL ZONED COMMERCIAL SHOWROOM & WAREHOUSE (W/ SELLER FINANCE OR LEASE OPTIONS) with beautiful large showroom, multiple office spaces, 3-4 restrooms, storage rooms, media room, reception/front entry desk, warehouse with drive through potential, truck/trailer loading dock, and much more on 23rd street between Indian Meridian and Triple X roads, just West of I-335 Turnpike. Warehouse is well insulated with 4 overhead doors, East door access is for truck or Semi dock unloading, 3-phase electric (over $50K Upgrade) and much more. Located in the Industrial Park Zoning of Choctaw with a Super Warehouse 52x100 (m/l), including a 2nd story overlook office, and a large 50x50 (m/l) Showroom with bathrooms, offices, reception, and a great designed layout with heat/air and all LED Lighting. (Owner will lease with 1st option to purchase if desired)

Investment highlights

  • Commercial property in Choctaw Industrial Park
  • 2500SF showroom w/ offices, reception, and 3+ restrooms, heat & air, and LED lighting
  • Storage rooms
  • 5200SF (m/l) Insulated Super Warehouse with drive through & truck/trailer loading dock
  • On 23rd street between Indian Meridian and Triple X roads just West of I-335 Turnpike
  • 3-Phase - upgraded electric
  • Seller financing option
  • LEASE OPTION - $5000/month with acceptable terms

Listing Contacts

MB
OK 124093
Bonanza Real Estate Services, LLC
Listed by Bonanza Real Estate Services, LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,000.00
$6,000.00/mo

Valuation Metrics

0
DSCR
8.18%
Cap Rate
8.18%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591