Listing Agency: m***@cbre.com Show Phone

Listed By: Mark Show Phone

Added: Jan 29, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

Located within the Southern Hills Shopping Center at 1610 SW 74th Street in Oklahoma City, this retail property offers spaces for lease. The center has 64,970 rentable square feet and is positioned at the southeast corner of Interstate 240 and Pennsylvania Avenue. The property includes a mix of established retail tenants. Available spaces range from approximately 7,000 to 35,000 square feet of box space, with annual lease rates of $9.00 per square foot. Inline spaces are also available, with lease rates ranging from $15.00 to $18.00 per square foot annually. The overall property size is 202,427 square feet. The annual lease rate for available spaces varies from $9 to $30 per square foot, depending on the space type and size.

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Law Firm Hair Salon

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

Lease Details

NNN (Triple Net)

Lease Type

$4.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

81

Businesses Nearby

Explore this area Business Placement

Demographics for 73159, OK

32,981

Population

13,618

Households

2.4

Avg Household Size

33

Median Age

17%

College-Educated

85%

High-School Grad

13.7 sq mi

ZIP Area

2,407

Density / Sq Mi

$56,369

Median Household Income

$36,125

Median Earnings

$1,119

Median Rent

$144,200

Median Home Value

Market

Lease Benchmarks for Oklahoma City, OK

$18.5 /SF/Yr

Avg Asking Price

$8–$30 /SF/Yr

Price Range

33,312 SF

Avg Space Size

This space is priced 62% above the average of $18.5 /SF/Yr.

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

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Frequently Asked Questions

What type of property is this?

Other retail property - Retail For Lease

Where is this other retail property located?

The property is located at 1610 SW 74th Street Oklahoma City OK 73159 Oklahoma City, OK.

What is the lease rate?

The lease rate is $30 SF/Yr.