Retail Suite in Neighborhood
5101 SE 29th Street #103, Del City, OK 73115
For Sale
Contact for pricing
White-box interior and an existing restroom support a flexible retail or service layout.
Property Size1,200 SF
Price / SF$1.73
Days on Market189
Property Features for 5101 SE 29th Street #103
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Year Built
Stories
Listing Agency:
Brick and Beam Realty
(405) 439-9206
Listed By:
Chris Johnson · License #200452
(405) 435-3572
Source:
Grayrealestateok
Added: May 5
Changed: Nov 7
Last Checked: Nov 8 at 6:29PM
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 Brick and Beam Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 103 provides 1,200 SF of retail space in a neighborhood center built in 2017. The suite is offered in white-box condition and has one restroom, giving the interior a straightforward starting point for a retail or service business. PUD zoning is also noted for the property.
The center is on SE 29th Street in Del City. Nearby tenants include Pearl Nail & Spa, a barber shop, a hair salon, a CBD shop, and Domino's Pizza. Suite 102, also 1,200 SF, is available in the same center.
The center is on SE 29th Street in Del City. Nearby tenants include Pearl Nail & Spa, a barber shop, a hair salon, a CBD shop, and Domino's Pizza. Suite 102, also 1,200 SF, is available in the same center.
Key Highlights
- 1,200 SF retail suite, Suite 103
- White‑box delivery condition and one restroom
- Neighborhood center tenants include Pearl Nail & Spa, Domino's Pizza, a barber shop, hair salon, and CBD shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,666
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,320
$253.3K
Cap Rate 7%
$180,943
$180.9K
Cap Rate 9%
$140,733
$140.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$20.0K $16.68/SF
− Vacancy
−$1.9K −$1.60/SF
EGI
$18.1K $15.08/SF
− OpEx
−$5.4K −$4.52/SF
NOI
$12.7K $10.56/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,320
Cap Rate 7%
$180,943
Cap Rate 9%
$140,733
Alternative Uses
Best Use
Retail
$180.9K
$158.3K – $211.1K
NOI $12,666 @ 7.0% cap · market cap 608.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.9K
$218.7K – $291.6K
NOI $17,496 @ 7.0% cap · market cap 841.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 39%
SONIC Drive In
Dining
10,274 visits/mo
0.5 miles
Burger King
Dining
8,771 visits/mo
0.5 miles
Family Dollar
Shops & Services
4,890 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
2,646 visits/mo
0.4 miles
Conoco
Shops & Services
2,394 visits/mo
0.4 miles
Demographics for 73115, OK
20,880
Population
9,329
Households
2.2
Avg Household Size
36
Median Age
16%
College-Educated
90%
High-School Grad
5.9 sq mi
ZIP Area
3,539
Density / Sq Mi
$48,579
Median Household Income
$35,627
Median Earnings
$1,024
Median Rent
$111,000
Median Home Value
Market
Average Price Trend$/SF for Retail space in Oklahoma County, OK
Properties on Market for Retail space in Oklahoma County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - White-box interior and an existing restroom support a flexible retail or service layout.
Where is this retail space located?
The property is located at 5101 SE 29th Street #103 Del City, OK.
What are key features of this property?
This property features: 1,200 SF retail suite, Suite 103; White‑box delivery condition and one restroom; Neighborhood center tenants include Pearl Nail & Spa, Domino's Pizza, a barber shop, hair salon, and CBD shop
