White-Box Retail
7907 N Council Road, Oklahoma City, OK 73132
For Sale
Contact for pricing
The suite includes a private restroom and is configured for tenant build-out.
Property Size8,618 SF
Price / SF$0.17
Days on Market1967
Property Features for 7907 N Council Road
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Year Built
Listing Agency:
Skybridge Real Estate
(405) 838-1761
Listed By:
Heather Rainer · License #154115
(405) 922-0809
Source:
Brandhorstrealty
Added: Jun 22, 2021
Changed: Nov 7
Last Checked: Nov 8 at 2:50PM
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 Skybridge Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A retail suite is available within a strip shopping center at 7907 N Council Road in Oklahoma City. The space is white-boxed and includes a private bathroom, with tenant improvements and lease term open to negotiation.
The center was built in 2018 and is zoned Commercial. The tenant is responsible for base rent and utilities.
The center was built in 2018 and is zoned Commercial. The tenant is responsible for base rent and utilities.
Key Highlights
- White‑boxed suite ready for build‑out
- Private bathroom within the suite
- Located in a retail strip shopping center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$170,119
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,402,380
$3.4M
Cap Rate 7%
$2,430,271
$2.4M
Cap Rate 9%
$1,890,211
$1.9M
Market Conditions
NOI Build-Up for 8,618 SF
Gross rent
$258.5K $30.00/SF
− Vacancy
−$15.5K −$1.80/SF
EGI
$243.0K $28.20/SF
− OpEx
−$72.9K −$8.46/SF
NOI
$170.1K $19.74/SF
Area
Oklahoma City, OK
Vacancy
6.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,402,380
Cap Rate 7%
$2,430,271
Cap Rate 9%
$1,890,211
Alternative Uses
Best Use
Retail
$2.43M
$2.13M – $2.84M
NOI $170,119 @ 7.0% cap · market cap 11,341.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.95M
$2.58M – $3.44M
NOI $206,315 @ 7.0% cap · market cap 13,754.33%
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
231
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Oklahoma City 4
Shops & Services
14,789 visits/mo
0.1 miles
7-Eleven
Shops & Services
12,963 visits/mo
0.1 miles
SpeeDee Oil Change & Auto Service
Shops & Services
572 visits/mo
0.5 miles
Demographics for 73132, OK
28,394
Population
12,592
Households
2.3
Avg Household Size
36
Median Age
31%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,736
Density / Sq Mi
$58,750
Median Household Income
$37,243
Median Earnings
$1,058
Median Rent
$200,500
Median Home Value
Market
Average Price Trend$/SF for Retail space in Oklahoma City, OK
Properties on Market for Retail space in Oklahoma City
Vacancy Rate% for Retail in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Retail space - The suite includes a private restroom and is configured for tenant build-out.
Where is this retail space located?
The property is located at 7907 N Council Road Oklahoma City, OK.
What are key features of this property?
This property features: White‑boxed suite ready for build‑out; Private bathroom within the suite; Located in a retail strip shopping center
