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29149241
29149243

4629 NW 23rd St, Oklahoma City, OK 73127

AT
OK 179422
Creek Commercial Realty
ES
OK 134185
Creek Commercial Realty
Listed by Creek Commercial Realty
$17,332,000
147 days on market
Updated 81 days ago

Windsor Hills Shopping Center

Details
Property Type Retail
Sub Type Neighborhood Center
Square Footage 164,420
Units 24
Cap Rate 7.65%
NOI $1,325,969
Occupancy 93.01%
Tenancy Multi
Lease Type NNN
Price per SqFt $105
Class C
Year Built 1974
Year Renovated 2025
Lot Size (SqFt) 639,633
Zoning C-3
Investment Type Stabilized

Retail | 7.65% CAP | 164,420 SqFt

Marketing description

Creek CRE is pleased to present the opportunity to acquire the Windsor Hills Shopping Center, a neighborhood center shadow anchored by Crest Foods and Icon Cinema. The property consists of 164,420 SF and is anchored by Five Below, Dollar Tree, DD's Discounts, and ITs Fashion Metro. This property boasts a WALT of 4.8 years, yielding stable cash flow for the foreseeable future. The property is situated in close proximity to I-44 in central Oklahoma City. Located along NW 23rd (21,249 VPD) and off the corner of S Meridian (15,651 VPD), the center sits at an accessible location for patrons. Broker is part owner of the Property.


Located on the north side of NW 23rd, and the west side of Meridian ave.


Investment highlights

  • 93.01% Occupancy Percentage

  • 7.65% Capitalization Rate

  • Grocery & Theater Shadow Anchors (Crest Foods & Icon Cinema)

  • Large Mix of National Tenants

  • WALT of 4.8 Years

Listing Contacts

AT
OK 179422
Creek Commercial Realty
ES
OK 134185
Creek Commercial Realty
Listed by Creek Commercial Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,325,969.00
$110,497.42/mo

Valuation Metrics

0
DSCR
7.65%
Cap Rate
7.65%
ROI

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