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Retail Income Property
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Pending

1049 12th Ave NE, Norman, OK 73071

Retail property totaling 9,664 SF offered for sale with a stated 6.98% cap rate.

Property Size9,664 SF
Days on Market114

Property Features for 1049 12th Ave NE

General Information

Standard status Pending
Size 9,664 SF
Property subtype Retail

Additional Details

Cap Rate 6.98%
Listing Agency: Secure Net Lease
Listed By: Sam House · License #TX 696383
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 1 at 1:48PM

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 Secure Net Lease

Investment Insights

Based on property information with market context.

The property is a retail asset offered for sale, with a stated 9,664 SF total area and a 6.98% cap rate as provided in the remarks.

Located at 1049 12th Ave NE in Norman, OK 73071, the offering is categorized as retail space within the provided commercial real estate listings.

This is presented as a single retail investment opportunity based on the information available, with no additional tenant, layout, or improvement details included in the provided data.

Key Highlights

  • Retail property for sale totaling 9,664 SF
  • Stated 6.98% CAP rate

Property Analytics

Current Use

IHOP Restaurant Rose Rock Dental Dental Office NASCAR Refuel Tenders ... Restaurant Rose Rock Dental: ... Dental Office TenderFix by Noah ... Restaurant

Suggested Use

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

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

365
Businesses Nearby
157k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 51% Shops & Services 34% Dining 13% Beauty & Spa 2%
Walmart Superstores
79,867 visits/mo 0.2 miles
7-Eleven Shops & Services
25,160 visits/mo 0.3 miles
Murphy USA Shops & Services
19,955 visits/mo 0.2 miles
Taco Bell Dining
11,478 visits/mo 0.2 miles
IHOP Dining
8,884 visits/mo 0.1 miles

Demographics for 73071, OK

43,379
Population
19,192
Households
2.3
Avg Household Size
31
Median Age
42%
College-Educated
94%
High-School Grad
23.3 sq mi
ZIP Area
1,862
Density / Sq Mi
$59,258
Median Household Income
$32,830
Median Earnings
$1,059
Median Rent
$206,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property totaling 9,664 SF offered for sale with a stated 6.98% cap rate.
Where is this retail space located?
The property is located at 1049 12th Ave NE Norman, OK.
What are key features of this property?
This property features: Retail property for sale totaling 9,664 SF; Stated 6.98% CAP rate
(214) 522-7200 Call to check price and availability
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