10505 N May Ave, Oklahoma City, OK

Listing agent Ian Sioux Show Phone

Listing office Wiggin Properties - OKC Show Phone

Listing date Aug 19, 2025

Source Moodyscre

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Overview

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.

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Oklahoma City

County

Cleveland

State

Oklahoma

Longitude

-97.5678

Latitude

35.5762

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FAQs

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 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.