Plaza Latina

Investment Overview

Plaza Latina is a ±40,000 SF retail center situated on 3.1 acres along NE 23rd Street in Oklahoma City, offering strong frontage in a high-traffic corridor. The property is fully leased with approximately $25,500 in monthly base rent, anchored by a 23,000 SF tire shop and a gas station that together contribute a majority of the income. The tenant mix consists of service-oriented and neighborhood retail users, providing stable in-place cash flow with diversified tenancy. The asset has a weighted average lease term of approximately 3.2 years, with several shorter-term leases creating near-term rollover and rental upside. With recent renovations completed and multiple lease expirations in the near term, the property offers a balance of current income and value-add potential through lease-up and rent growth.

Investment Highlights

• Stabilized with anchor tenants in place
• # of Tenants: 6
• 4 leases coming up for renewal in 2026
• Anchor tenant (Tire Shop) ~64% of total rent on 5-year lease
• Immediate upside potential
• 3.2 years WALT