Building Details

Year Built 1973

Year Renovated 2018

Buildings 1

Stories 1

Listing Agency: InterWest Realty

Listed By: George W. Huffman · License #OK 049514 Show Phone

Source: Crexi

Added: Feb 10, 2025 Changed: Oct 18 Last Checked: Oct 20 at 7:27PM

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Investment Insights

Based on property information with market context.

Part of Casady Square Shopping Center, this for-sale offering is one of three buildings that comprise the center. The property includes a range of suites configured to support office spaces as well as open showroom-style floor areas.

Casady Square is located directly west of Casady School Campus at 2103 W Britton Rd in Oklahoma City, OK. The center provides ample parking for customer and employee convenience.

This building presents a flexible option for an owner-user or investor seeking suite-level space within an established shopping center environment.

Key Highlights

• Part of Casady Square Shopping Center (Casady), with one of three buildings available for purchase
• Year built: 1973
• Available suite configurations include office and open showroom‑style spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$679,491

Cap Rate

8.55%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$13,589,820 $13.6M

Cap Rate 7%

$9,707,014 $9.7M

Cap Rate 9%

$7,549,900 $7.5M

Is this asking price fair?

Market Conditions

NOI Build-Up for 47,760 SF

Gross rent

$1.19M $24.96/SF

− Vacancy

−$286.1K −$5.99/SF

EGI

$906.0K $18.97/SF

− OpEx

−$226.5K −$4.74/SF

NOI

$679.5K $14.23/SF

Area

ZIP 73120

Vacancy

24.00%

Lease Rate

$24.96 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$13,589,820

Cap Rate 7%

$9,707,014

Cap Rate 9%

$7,549,900

Alternative Uses

Best Use

Office B

$9.71M

$8.49M – $11.32M (±1% cap)

NOI $679,491 @ 7.0% cap · market cap 8.55%

Second Best

Retail

$9.60M

$8.40M – $11.20M (±1% cap)

NOI $671,763 @ 7.0% cap · market cap 8.45%

Theoretical Best

Office A

$11.50M

$10.06M – $13.41M (±1% cap)

NOI $804,660 @ 7.0% cap · market cap 10.12%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Redbox Cinema

Suggested Use

Top Pick Restaurant Auto Parts Store Building Supply HVAC Service Auto Repair Shop Big Box & Wholesale 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

358

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 73120, OK

36,530

Population

20,356

Households

1.8

Avg Household Size

38

Median Age

48%

College-Educated

96%

High-School Grad

11.0 sq mi

ZIP Area

3,321

Density / Sq Mi

$62,942

Median Household Income

$45,333

Median Earnings

$1,045

Median Rent

$227,600

Median Home Value

Market

Vacancy Rate% for Office in Oklahoma City, OK

10.8% 2023

26.5% 2024

29.6% 2025

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Similar Off Market Nearby

• Britton Plaza — 2646 W Britton Rd, The Village, OK 73120
• Room 3 Vintage — 2632 w britton rd, oklahoma city, ok 73120
• CASADY SQUARE — 9401 N Pennsylvania Ave, The Village, OK 73120
• Village Plaza Shopping Center — The Village, OK 73120

Frequently Asked Questions

What type of property is this?

Shopping center - For sale as part of Casady Square Shopping Center, offering office and open showroom-style suite configurations.

Where is this shopping center located?

The property is located at 2103 W Britton Rd Oklahoma City, OK.

What is the asking price?

The asking price for this property is $7,950,000.

What are key features of this property?

This property features: Part of Casady Square Shopping Center (Casady), with one of three buildings available for purchase; Year built: 1973; Available suite configurations include office and open showroom‑style spaces