About 102104 NW 16th Street, Newcastle, Oklahoma, 73065
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.

Street Address: 102104 NW 16th Street
City: Newcastle
State: Oklahoma
Postal Code: 73065
County: McClain
Directions: From Highway 62 and SW 16th Street in Newcastle, turn west to the property that sits just behind a gated driveway on the south side of the street. (Behind the Doctors office)

Property Information :
Listing Status: Active
Size: 8,735 Sqft
Lot Size: 2.15 Acres
MLS #: 1177758
Price: $1,125,000
Tax Amount: 990.0000
Construction Status: Built in 1979
Last Modified : Nov 24 2025 4:35PM

Courtesy of: Tiffany M Elcyzyn, Chamberlain Realty LLC (MLS# OKCCHMB01)
Source MLS: MLSOK