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14040 Joel McDonald Dr

16,000 SF 100% Leased Retail Building Oklahoma City, OK 73134 $5,424,375 CAD ($339 CAD/SF) 7.08% Cap Rate

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INVESTMENT HIGHLIGHTS

16,000 SF Retail Center
Abundant Parking
High Visibility

Fully stabilized at 100% Occupancy
Well Maintained Center

EXECUTIVE SUMMARY

This investment opportunity has maintained high occupancy over the years, currently boasting an occupancy rate of 100%. Prominently located in Northwest OKC, the site offers convenient access to major thoroughfares, including the John Kilpatrick Turnpike, Portland Avenue/Lake Hefner Parkway, and Broadway Extension. Situated on the Memorial Road Corridor, the property is ideally positioned near numerous retail and dining options, as well as other key attractions in the Northwest submarket, such as Quail Springs Mall, The Oklahoma Spine Hospital, Lifetime Fitness, and more—each generating significant foot traffic. Additionally, this asset features a prime location with strong local demographics and high traffic volumes. The building is fully leased to well-established businesses.

14040 Joel McDonald Drive Sale Brochure

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

16,000 SF

Building Class

Year Built/Renovated

2014/2021

Price

$5,424,375 CAD

Price Per SF

$339 CAD

Cap Rate

7.08%

NOI

$384,153 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.32

Lot Size

1.14 AC

Zoning

C-3 - Community Commercial

Parking

60 Spaces (3.75 Spaces per 1,000 SF Leased)

Frontage

309 ft on 140th

AMENITIES

Security System
Signage

Tenant Controlled HVAC
Wheelchair Accessible

Storage Space
Air Conditioning

Smoke Detector

Retailer
99,999 SF
-
-

Founded in Oklahoma in 1986, Golf USA began franchising operations in 1989 with the goal of bringing quality golf equipment, club repair, and outstanding service to golfers throughout the world. With a strong emphasis on customer service and great brands, Golf USA franchise stores have had a long history of success in many markets across the United States. Golf USA stores range from 2,500 to 7,500 square feet in size and carry a large selection of name brand equipment. Most stores offer club repair, along with custom club and ball fitting services to enhance a player’s overall performance. Golf USA locations are individually owned and operated, in most cases by an owner that is local to that community. This local bond has been a key component in the success that many stores have experienced. A typical Golf USA owner is not only involved with their store, but their entire community.

Retailer
99,999 SF
-
-

When it comes to expertly crafted pontoon boats, Toons is where price meets quality. They have the best value and best service in the boating industry.