102104 NW 16th ST new Save Request In-Person Tour Request Virtual Tour
Newcastle,OK 73065
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 8,735 sqft
Price per Sqft $128
MLS Listing ID OKC1177758
Year Built 1979
Annual Tax Amount $990
Lot Size 1.530 Acres
Property Sub-Type Investment
Property Description
Investment Portfolio Overview – Newcastle, Oklahoma
This two-building commercial portfolio offers investors a stable, income-producing asset in the growing Newcastle submarket, strategically positioned between Norman and South Oklahoma City. With a mix of Triple Net (NNN) and Modified Gross leases, the portfolio delivers both consistent returns and balanced exposure across two established tenants with long-term operational histories. On-site businesses with standing leases to include: A Licensed Daycare Facility(2980SF): Fully compliant and operating with strong community demand, this daycare is well-established and equipped with classrooms, outdoor play areas, and secure entry points. Granite Manufacturing Business(1225SF Office, 4600SF Warehouse): Featuring ample workspace, specialized equipment, and efficient layout, this business serves both residential and commercial clients with a proven track record and growth potential. Additional highlights. Acreage included, allowing room for future expansion, storage, or additional development. Convenient access to major roadways, with ample parking and gated drive. Whether you're looking to expand your portfolio or establish your presence in a growing area, this is a rare opportunity to own a multi-stream income property with immediate returns. Serious inquiries only. Financials and lease details available with signed NDA. For an investor-developer, this asset represents a rare hybrid — a property that produces reliable current income while sitting squarely in the path of major infrastructure and institutional expansion. As the new turnpike and the Indian Nation Hospital open, this corridor will transition from local service retail to a regional commercial hub.
Owning this portfolio today positions a buyer to capture the upside of tomorrow's Newcastle — whether through redevelopment, repositioning, or long-term appreciation.
Location
State OK
County Mcclain
Zoning Commercial
Exterior
Parking Features Asphalt
Garage Description Asphalt
Building
Sewer Public Sewer
Water Public
Structure Type Frame,Metal
Others
Acceptable Financing Cash,Conventional,Sell FHA or VA
Listing Terms Cash,Conventional,Sell FHA or VA