- For Sale $400,000
- Property Type Retail - Street Retail
- Property Size 14,327 SF
- Units 1
- Lot Size 1.25 Acre
- Property Tenancy Single Tenant
- Year Built 1950
- Date Updated Sep 18, 2026
Description
Located in the vibrant heart of Oklahoma City, the area surrounding the property offers a bustling retail environment with a diverse range of nearby points of interest. Within walking distance, investors will find the historic Deep Deuce district, known for its trendy restaurants, entertainment venues, and cultural hotspots. The renowned Bricktown entertainment district and the lively Automobile Alley are just a short drive away, providing ample opportunities for attracting retail traffic. With a thriving mix of residential, commercial, and entertainment offerings in the vicinity, this prime location presents an enticing prospect for Retail / Street Retail investors looking to capitalize on the dynamic energy of Oklahoma City.Investment opportunity featuring a long-standing Family Dollar location with an established operating history. The property is leased to Family Dollar under a modified-net lease structure, with the tenant responsible for utilities, interior maintenance and certain real estate tax increases. The lease provides an established national retail tenant while allocating certain major building and capital responsibilities to the landlord
Highlights
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- Family Dollar pays 50% of the increase in real estate taxes over the 1988 Base Year taxes.
- Landlord: Maintains property/fire and casualty insurance on the premises.
- Landlord: Responsible for the roof, exterior walls, gutters/downspouts and structural portions of the premises.
- Tenant: Maintains its required public liability insurance.
- Tenant: Responsible for interior maintenance and repairs, including plumbing, electrical and HVAC systems, subject to the lease's exceptions.
- The landlord is also responsible for certain major repairs/replacements, including major HVAC-related items as provided by the lease.
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Contacts
Chandler Moreau
Moreau Property Advisors
Location
Located at 2038 NE 23rd St, Oklahoma City, OK 73111, this property is part of the Creston Hills South neighborhood and Oklahoma City market.
Contact Listing Broker
Chandler Moreau
Moreau Property Advisors