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2217 NW 178th St 10,120 SF 51% Leased Retail Building Edmond, OK 73012 $2,200,000 ($217.39/SF)

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Investment Highlights

Existing tenancy provides immediate income generation.
Direct access along NW 178th Street.
Built in 2020 with a multi-tenant commercial configuration.

Two suites remain available for lease or owner occupancy.
Located near residential neighborhoods, schools, and retail services.
Exposure to approximately 22,900 vehicles per day.

Executive Summary

2217 NW 178th Street is a 10,120-square-foot commercial property located just east of the NW 178th Street and North Pennsylvania Avenue intersection in Edmond. The building will be divided into three suites: a 5,120-square-foot karate studio and two 2,500-square-foot bays.
The 5,120-square-foot suite will be occupied by the existing karate studio through a sale-leaseback at $18.50 per square foot, NNN, producing approximately $94,720 in annual base rent, plus NNNs. The two remaining 2,500-square-foot bays will be available for lease or owner occupancy.
The property offers direct access to NW 178th Street and benefits from approximately 22,900 vehicles per day along the corridor. The surrounding area includes established residential neighborhoods, schools, retail and service businesses.
The property is offered at $2,200,000, and is priced for a timely sale.

2217 NW 178th-Edmond-Sale

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Building Size

10,120 SF

Building Class

Year Built

2024

Price

$2,200,000

Price Per SF

$217.39

Percent Leased

51%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.05

Lot Size

5.00 AC

Signage

Tenant Controlled HVAC

Wheelchair Accessible

Air Conditioning

Major Tenants

Christian Karate Academy
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Heritage College Prep Llc
Educational Services
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Educational Services
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