Listed by Banta Property Group
$1,650,000
Retail Center
Details
APN 1990-15-026-02E-1-020-00
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 12,160
Net Rentable (SqFt) 12,160
Units 7
Cap Rate 6.62%
NOI $109,280
Occupancy 87%
Tenancy Multi
Lease Type Modified
Remaining Term 4
Price per SqFt $136
Broker Co-Op Yes
Class B
Year Built 1985
Buildings 1
Stories 1
Zoning Commercial
Parking Spaces 4 per 1,000 sq ft
Investment Type Stabilized
Retail Center in Ponca City, OK
Marketing description
This retail center has 12,160 square feet with a stabilized tenant base. Some of the tenants are paying below market rents so there exists an opportunity to raise rents upon lease renewal. The majority of the tenants have occupied their spaces for over 10 years. The property offers a good mix of tenants with both national and local retailers in place.
The property fronts East Prospect Street and is adjacent to Aldi. The property is on a heavily traveled retail corridor and is surrounded by national retailers including a Walmart Supercenter, Atwoods, Tractor Supply, Chili's, Hobby Lobby, Burger King and Schloltzsky's.
Investment highlights
Stabilized tenant base
Sits on main retail corridor surround by national retailers
Listing Contacts
Listed by Banta Property Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,280.00
$9,106.67/mo
Valuation Metrics
0
DSCR
6.62%
Cap Rate
6.62%
ROI
Map
Zoning
I-1 IndustrialLight IndustrialLight Industrial District
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View all 68 uses
View all 68 uses Last updated Apr 16, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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