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Retail Space in High-Traffic Center

1500 W I-240 Service Rd, Oklahoma City, OK

For Lease
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Retail space available in a highly trafficked shopping center.

Space Size1,485 SF - 3,121 SF
Lot Size28.58 Acres
Days on Market1249

Property Features for 1500 W I-240 Service Rd

General Information

Standard status Active
Size 1,485 SF - 3,121 SF
Lot size 28.58 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1500 W I-240 Service Rd Contact us

1500 W I-240 Service Rd $28 – $30/SF/Yr

Floor 1
Size 1,485 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Southern Hills is a highly trafficked 202,427 square foot retail shopping center at the southeast corner of Interstate 240 and Pennsylvania Avenue. This center has a wide range of dynamic retail co-tenants driving customers to the center.
Contact us

1500 W I-240 Service Rd $28 – $30/SF/Yr

Floor 1
Size 2,895 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Southern Hills is a highly trafficked 202,427 square foot retail shopping center at the southeast corner of Interstate 240 and Pennsylvania Avenue. This center has a wide range of dynamic retail co-tenants driving customers to the center.
Contact us

1500 W I-240 Service Rd $28 – $30/SF/Yr

Floor 1
Size 3,121 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Southern Hills is a highly trafficked 202,427 square foot retail shopping center at the southeast corner of Interstate 240 and Pennsylvania Avenue. This center has a wide range of dynamic retail co-tenants driving customers to the center.
Contact us
Listing Agency: CBRE | Oklahoma City
Listed By: Stuart Graham
Source: Moodyscre
Added: Jun 7, 2023 Changed: Oct 26 Last Checked: Nov 6 at 9:02AM

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 CBRE | Oklahoma City

Rey
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Investment Insights

Based on property information with market context.

This retail space is located within Southern Hills, a 202,427 square foot retail shopping center. The center is situated at the southeast corner of Interstate 240 and Pennsylvania Avenue, benefiting from high traffic. The available space measures 1,485 square feet. The shopping center features a range of retail co-tenants.

Key Highlights

  • Highly trafficked retail shopping center.
  • Located at the southeast corner of Interstate 240 and Pennsylvania Avenue.
  • Total area of 202,427 square feet.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,927
Businesses Nearby
32k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Hotels & Casinos 31% Dining 16%
Sheraton Hotels & Resorts Hotels & Casinos
9,981 visits/mo 0.4 miles
Chase Bank Shops & Services
9,559 visits/mo 0.3 miles
Jimmy's Egg Dining
5,016 visits/mo 0.4 miles
Shell Shops & Services
4,893 visits/mo 0.3 miles
Communication Federal Credit Union Shops & Services
2,297 visits/mo 0.3 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Oklahoma City, OK

$17.04 /SF/Yr
Avg Asking Price
$6–$33 /SF/Yr
Price Range
31,476 SF
Avg Space Size

This space is priced 64% above the average of $17.04 /SF/Yr.

Average Price Trend$/SF/Yr for Shopping centers in Oklahoma City, OK

$16.38 Jul
$17.15 Aug
$17.04 Sep
$17.04 Oct

Properties on Market for Shopping centers in Oklahoma City

Jul
Aug
Sep
Oct

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?
Shopping center - Retail space available in a highly trafficked shopping center.
Where is this shopping center located?
The property is located at 1500 W I-240 Service Rd Oklahoma City, OK.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Highly trafficked retail shopping center.; Located at the southeast corner of Interstate 240 and Pennsylvania Avenue.; Total area of 202,427 square feet.
(405) 607-6027 · Office Call to check price and availability
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