7220 S Western Ave - Storefront Retail/Office FOR SALE


Oklahoma City, OK 73139- Southern Oaks
$3,200,000 USD
704-498-8902
7220 S Western Ave, Oklahoma City, OK for Sale
$3,200,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 7.14% Cap Rate

7220 S Western Ave
Oklahoma City, OK 73139
Southern Oaks


HIGHLIGHTS

  • Oklahoma City remains one of the fastest-growing major U.S. urban centers, adding over 8,000 residents recently.
  • Positioned on a major south OKC commercial artery with over 30,000 VPD and adjacent national/regional tenants.
  • High entry cap, vacancy, and lease-up opportunity create a path to significantly enhance returns for the next owner.
  • Current price per SF significantly below estimated replacement cost, delivering built-in equity for investors.
  • On-site parking lot to accommodate retail tenants.
  • Oklahoma City’s housing market and labor force growth reflect its affordable cost of living and solid employment base.

OVERVIEW

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 eighty percent (80%) 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. In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

7.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OKC Strip Center - Oklahoma City, OK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

Commercial

APN/PARCEL ID

102400100

ASK ABOUT THIS PROPERTY

Clayton CoassinSands Investment Group, NCMore Info
704-498-8902

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Clayton CoassinSands Investment Group, NCMore Info
704-498-8902

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.