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Free-Standing Retail Building

861 Sonoma Park Dr, Norman, OK 73071

For Lease
Contact for pricing

Modern free-standing retail building built in 2018 with space suited for customized retail layouts.

Space Size23,800 SF
Days on Market705

Property Features for 861 Sonoma Park Dr

General Information

Standard status Active
Size 23,800 SF
Property subtype RETAIL
Lease Type NNN

Building Details

Year Built 2018

Spaces For Lease

at 861 Sonoma Park Dr
Retail For Lease $10.50 – $14/SF/Yr
Floor Bldg
Size 23,800 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Presenting a prime investment opportunity in the heart of Norman, Oklahoma, this 23,800 SF free-standing building offers a modern, purpose-built space ideally suited for retail businesses. Constructed in 2018, the property boasts contemporary design and high-quality construction. Its strategic location in the thriving Norman area ensures high visibility and accessibility, attracting a steady flow of customers. With ample space for customized retail layouts and a strong foundation for various business ventures, this property presents an exceptional chance for retail investors to establish a prominent presence in a dynamic and growing market.
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Listing Agency: Creek Price Edwards and Company - Oklahoma City
Listed By: Everest Ernst · License #OK 151097
Source: Moodyscre
Added: Dec 5, 2024 Changed: Nov 2 Last Checked: Nov 8 at 8:07AM

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 Creek Price Edwards and Company - Oklahoma City

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Investment Insights

Based on property information with market context.

This free-standing retail building, constructed in 2018, offers a modern, purpose-built space for retail businesses. With approximately 23,800 square feet of interior area, the property provides flexibility for customized retail layouts while maintaining the foundation of a purpose-built commercial structure.

Located at 861 Sonoma Park Dr in Norman, Oklahoma, the building is positioned to serve retailers looking for a standalone facility in the Norman area.

The property is presented for lease and is well-suited for businesses that want a dedicated retail building with room to tailor the space to their operating needs.

Key Highlights

  • 23,800 SF free‑standing retail building in Norman, Oklahoma
  • Built in 2018 with modern, purpose‑built construction
  • Space is suited for customized retail layouts

Property Analytics

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

Current Use

KarBoi Towing Service ... Auto Repair Shop

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.

Lease Details

NNN (Triple Net)
Lease Type
$1.58 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Norman, OK

$16.26 /SF/Yr
Avg Asking Price
$11.33–$32 /SF/Yr
Price Range
9,718 SF
Avg Space Size

This space is priced 35% below the average of $16.26 /SF/Yr.

Properties on Market for Retail space in Norman

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Modern free-standing retail building built in 2018 with space suited for customized retail layouts.
Where is this retail space located?
The property is located at 861 Sonoma Park Dr Norman, OK.
What is the lease rate?
The lease rate is $10.50 SF/Yr.
What are key features of this property?
This property features: 23,800 SF free‑standing retail building in Norman, Oklahoma; Built in 2018 with modern, purpose‑built construction; Space is suited for customized retail layouts
(405) 830-8505 Call to check price and availability
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