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Fully Occupied Retail Asset
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10505 N May Ave, Oklahoma City, OK

Multi-tenant retail asset in Oklahoma City's prime corridor.

Property Size16,241 SF
Lot Size0.86 Acres
Price / SF$163.17
Days on Market388

Property Features for 10505 N May Ave

General Information

Standard status Active
Size 16,241 SF
Lot size 0.86 Acres
Property subtype RETAIL
Listing Agency: Wiggin Properties - OKC
Listed By: Ian Sioux
Source: Moodyscre
Added: Aug 19, 2025 Changed: Sep 8 Last Checked: Sep 10 at 7:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wiggin Properties - OKC

Investment Insights

Based on property information with market context.

Village Park North is a fully occupied, multi-tenant retail asset located along North May Avenue in northwest Oklahoma City. The property offers a mark-to-market opportunity in a tightly held corridor. The site, totaling 1.35 acres, is surrounded by a mix of local and national retailers. Constructed in 1973, the 16,241-square-foot asset has been under the same family ownership for decades, with strategic capital improvements and strong tenant relationships. It is currently fully occupied with a 1.49-year weighted average lease term (WALT) remaining. This allows for immediate repositioning and lease conversions. The property is located within a tight supply corridor where less than 3% of land remains undeveloped. Village Park North is positioned for value enhancement under new ownership.

Key Highlights

  • Fully occupied multi‑tenant retail asset in a tightly held corridor of Oklahoma City.
  • Mark‑to‑market opportunity at a basis well below replacement cost.
  • Located on North May Avenue, a highly visible retail spine.

Property Analytics

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Current Use

Relax The Back Furniture & Home Goods

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

726
Businesses Nearby
101k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 58% Shops & Services 32% Apparel 7% Home Improvements & Furnishings 3%
McDonald's Dining
22,514 visits/mo 0.2 miles
7-Eleven Shops & Services
15,159 visits/mo 0.3 miles
HTeaO Dining
14,841 visits/mo 0.2 miles
Golden Chick Dining
9,558 visits/mo 0.5 miles
Dollar General Shops & Services
7,271 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Oklahoma City, OK

9.1% 2019
7.8% 2020
8.4% 2021
8.1% 2022
7.7% 2023
7.4% 2024
8% 2025
Rey
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Similar Off Market Nearby

  • Charter at May 9414 N May Ave, The Village, OK 73120
  • Village Park South N May Ave, The Village, OK 73120
  • Quail Plaza Shopping Center 10904 N May Ave, Oklahoma City, OK 73120
  • penn square mall 11201 N May Ave, Oklahoma City, OK 73120

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail asset in Oklahoma City's prime corridor.
Where is this shopping center located?
The property is located at 10505 N May Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Fully occupied multi‑tenant retail asset in a tightly held corridor of Oklahoma City.; Mark‑to‑market opportunity at a basis well below replacement cost.; Located on North May Avenue, a highly visible retail spine.
(405) 659-6782 Call to check price and availability
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