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Office Units with Reception Area
New
For Lease
$1,950/Mo

114 Thompson Drive, Norman, OK 73069

Commercial Sale, Norman, OK

Space SizeContact for details
Property Size1,800 SF
Lot Size0.43 Acres
Days on Market2

Property Features for 114 Thompson Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Directions Location is east of the intersection of Main St. and 24th NW. Turn south on to Thompson Drive which is west of Natural Grocers on Main Street.
Standard status Active
APN 114NONEThompson73069
Size 1,800 SF
Lot size 0.43 Acres

Utilities

Heating system Natural Gas
Cooling system Electric

Building Details

Year built 1965
Building materials Concrete
Listing Agency: Rieger Realty LLC
Listed By: Dana Rieger · License #149317
Added: Sep 16 Last Checked: Sep 17 at 3:06AM
MLS# 1236074

Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial office property contains 1,800 square feet with five existing offices, a front reception room, and the potential to configure up to seven offices. Vinyl wood flooring runs throughout the space, while concrete construction, natural gas heating, and electric cooling support the building’s existing improvements. A large rear door provides convenient movement of materials into and out of the property.

The property is located at 114 Thompson Drive in Norman, with visibility from Main Street and parking positioned both in front of and behind the building. The 0.43-acre site carries Commercial zoning, and the building was constructed in 1965.

Key Highlights

  • 1,800 square feet of office space
  • Five existing offices with capacity for up to seven
  • Front reception room and vinyl wood flooring throughout

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Home Appliance Store HVAC Service Furniture & Home Goods

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby

Demographics for 73069, OK

26,464
Population
12,719
Households
2.1
Avg Household Size
32
Median Age
45%
College-Educated
93%
High-School Grad
15.7 sq mi
ZIP Area
1,686
Density / Sq Mi
$55,699
Median Household Income
$34,151
Median Earnings
$1,031
Median Rent
$212,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Norman, OK

$14.09 /SF/Yr
Avg Asking Price
$2.55–$26.5 /SF/Yr
Price Range
9,380 SF
Avg Space Size

This space is priced 8% below the average of $14.09 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercial office property with multiple private rooms, reception space, front and rear parking, and a large loading access door.
Where is this office units located?
The property is located at 114 Thompson Drive Norman, OK.
What is the lease rate?
The lease rate is $1,950/Mo.
What are key features of this property?
This property features: 1,800 square feet of office space; Five existing offices with capacity for up to seven; Front reception room and vinyl wood flooring throughout
More about this property
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