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Gateway Plaza Shopping Center 1300-1401 Gateway Plz

98,947 SF 100% Leased Retail Building Midwest City, OK 73110 $12,729,200 CAD ($129 CAD/SF) 8.33% Cap Rate

INVESTMENT HIGHLIGHTS

  • Fully stabilized at 100% Occupancy.
  • Long Term Tenants in both Outparcels and In Line Suites.
  • Below Market Rental Rates.
  • Mix of National and Local Credit.
  • Well Maintained Center.
  • High Visibility to the Hard Corner.

EXECUTIVE SUMMARY

Gateway Plaza is a unique investment opportunity located at the hard corner of SE 15th and Air Depot Blvd in Midwest City, OK. Built in 1986, this property has maintained high occupancy through out the years, currently boasting an occupancy rate of 100%.. The current tenant mix serves many needs in the Midwest City area and has created strong traffic flow through out the center.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
98,947 SF
Building Class
B
Year Built/Renovated
1986/1992
Price
$12,729,200 CAD
Price Per SF
$129 CAD
Cap Rate
8.33%
NOI
$1,060,419 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.32
Lot Size
7.09 AC
Zoning
C-3
Parking
164 Spaces (1.82 Spaces per 1,000 SF Leased)
Frontage
555 ft on Gateway Plz

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • A2Z Beauty
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
A2Z Beauty Retailer - $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Rent-A-Center
Taco Bueno Restaurants
Chase
Mazzio's
IHOP
Billy Sims BBQ
Bank of Montreal
Mwc Diner
Applebee's
McAlister's Deli

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
150411050
Land Assessment
$245,066 CAD
Improvements Assessment
$828,188 CAD
Total Assessment
$1,073,254 CAD
  • Listing ID: 33237935

  • Date on Market: 2024-09-19

  • Last Updated:

  • Address: 1300-1401 Gateway Plz, Midwest City, OK 73110

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