$1,125,000

102104 NW 16th Street, Newcastle, OK 73065

  • 8,735 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon2.15acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $129/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Listing Office:
Chamberlain Realty LLC : 405-300-0543
Listing Agent:
Tiffany M Elcyzyn : 405-830-4173
MLS ID:
1177758
  • General: FrameMetal
  • Originating MLS: mlsok
  • County: McClain
  • Zoning: Commercial102104NW16th73065
  • Water: Public
  • Sewer: Public Sewer
  • Source: mlsok

This listing courtesy of Tiffany M Elcyzyn, Chamberlain Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Newcastle Elementary School

418 NW 10th St, Newcastle, OK, 73065

Grades 2-5

0.39 miles away

N

Newcastle Middle School

611 E Fox Ln, Newcastle, OK, 73065

Grades 6-8

1.00 miles away

N

Newcastle High School

101 N Main St, Newcastle, OK, 73065

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.