OKC Strip Center – Oklahoma City, OK

7220 S Western Ave, Oklahoma City, OK 73139, USA

Introducing a prime investment opportunity in Oklahoma City. This 16,080 SF property, renovated in 2017, is a beacon of potential for retail/street retail investors. Boasting a strategic location in a C-3 zoned area, this property offers endless possibilities. Built in 2017 and currently at ninety percent (90%) occupancy, it presents a blank canvas for savvy investors to maximize its potential. With a focus on retail and street retail, this property is ideal for those seeking to capitalize on a thriving market and make their mark in this dynamic Oklahoma City location.

  • City Growth: Oklahoma City remains one of the fastest-growing major U.S. urban centers, adding over 8,000 residents recently and pushing total population past ~700,000, making it the 20th largest U.S. city.
  • Strategic Retail Node: Positioned on a major south OKC commercial artery with over 30,000 VPD and adjacent national/regional tenants.
  • Value-Add Potential: High entry cap, vacancy, and lease-up opportunity create a path to significantly enhance returns for the next owner.
  • Below Replacement Cost Basis: Current price per SF significantly below estimated replacement cost, delivering built-in equity for investors.
  • Ample Parking: On-site parking lot to accommodate retail tenants.
  • Demographics: Oklahoma City’s housing market and labor force growth reflect its affordable cost of living and solid employment base, both key drivers of retail spending growth in neighborhood centers.

In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754

Price

$3,200,000

Cap Rate

8.08%

PREMISES

16,080 SF

RENEWAL OPTIONS

Varies

Lease Expiration

Varies

RENTAL INCREASES

Varies

BROKERS

List with SIG

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