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7220 S Western Ave, Oklahoma City, OK 73139
Built in 2017, the center supports multiple occupants under modified gross lease structures along a high-volume commercial corridor.
Property Size16,080 SF
Lot Size1.50 Acres
Days on Market143
Property Features for 7220 S Western Ave
General Information
Standard status
Active
Size
16,080 SF
Lot size
1.50 Acres
Property subtype
Retail
Occupancy
90%
Net Operating Income
$246,510
Financials
Asking Price
$3,200,000
Cap Rate
7.7%
Building Details
Year Built
2017
Tenancy
Multi
Listing Agency:
Network Realty Associates
Listed By:
Sam Hemani · License #OK 157101
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 6:17PM
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 Network Realty Associates
Investment Insights
Based on property information with market context.
This multi-tenant shopping center was built in 2017 and contains 16,080 gross leasable area on a 65,520 land area. Occupancy is 90%, with 10% vacancy and modified gross leases in place. Existing occupants include Oklahoma Red Door, Paint Beauty Lounge, and El Fogon de Edgar, providing an established mix of retail and service-oriented businesses.
The property fronts South Western Avenue in Oklahoma City, where reported traffic reaches 24,272 VPD. Highway 240 carries more than 107,700 VPD nearby, adding substantial traffic exposure to the surrounding commercial setting. The asset is also identified with a 7.7% cap rate, while its 2017 construction provides a relatively recent improvement profile.
The property fronts South Western Avenue in Oklahoma City, where reported traffic reaches 24,272 VPD. Highway 240 carries more than 107,700 VPD nearby, adding substantial traffic exposure to the surrounding commercial setting. The asset is also identified with a 7.7% cap rate, while its 2017 construction provides a relatively recent improvement profile.
Key Highlights
- 16,080 gross leasable area on a 65,520 land area
- 90% occupancy with 10% vacancy
- Built in 2017
Property Analytics
Property Profile
Current Use
Lease Details
90%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
999
Businesses Nearby
308k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 26%
Hotels & Casinos 3%
Office Supplies 1%
Chick-fil-A
Dining
56,182 visits/mo
0.2 miles
McDonald's
Dining
39,440 visits/mo
0.2 miles
Dutch Bros. Coffee
Dining
25,173 visits/mo
0.1 miles
7-Eleven
Shops & Services
19,769 visits/mo
0.5 miles
Braum's Ice Cream & Dairy Stores
Dining
18,436 visits/mo
0.2 miles
Demographics for 73139, OK
18,781
Population
8,790
Households
2.1
Avg Household Size
35
Median Age
15%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
4,268
Density / Sq Mi
$47,424
Median Household Income
$34,557
Median Earnings
$946
Median Rent
$164,100
Median Home Value
Market
Vacancy Rate% for Retail in Oklahoma City, OK
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Similar Off Market Nearby
- SouthPointe Shopping Center — 8003 s western ave, oklahoma city, ok 73139
- Penn Park Shopping Center — 1401 W I-240 Service Road, Oklahoma City, OK 73139
- WESTERNVIEW CENTER — 7220 S Western Ave, Oklahoma City, OK 73139
Frequently Asked Questions
What type of property is this?
Shopping center - Built in 2017, the center supports multiple occupants under modified gross lease structures along a high-volume commercial corridor.
Where is this shopping center located?
The property is located at 7220 S Western Ave Oklahoma City, OK.
What are key features of this property?
This property features: 16,080 gross leasable area on a 65,520 land area; 90% occupancy with 10% vacancy; Built in 2017
