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    1011-1045 Meridian Ave Oklahoma City, OK 73108

    For Lease
    $13 SF/Yr

    Oklahoma City Retail Space - High Visibility

    Lot size:
    36,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    South Meridian Plaza, located at 1011-1045 S Meridian Ave, Oklahoma City, OK 73108, presents a prime retail investment opportunity. This 36,100 square foot strip center, built in 1985, sits on a 2.92-acre lot and offers ample parking. Currently, there are three available spaces totaling 6,000 square feet, ideal for restaurants or other retail businesses. The property is zoned commercial and located in Oklahoma County. Its strategic location just off I-40 on Meridian Avenue ensures high visibility and easy accessibility for customers throughout Oklahoma City. The proximity to the airport contributes to significant traffic flow in the area. South Meridian Plaza benefits from a strong tenant mix, including established hotels, restaurants, and national credit retailers, creating a vibrant and thriving commercial environment. This well-established center provides an excellent opportunity for businesses seeking high-traffic exposure and a convenient location within a successful commercial district. The property's size and ample parking cater to a wide range of retail needs. This is a rare opportunity to secure space in a highly desirable Oklahoma City location.

    Property Features for 1011-1045 Meridian Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,100 SF
    Total Rate
    40612.5

    Building Details

    Year Built
    1985

    Unit(s) available at that property

    Space
    1021 S Meridian Ave
    Size
    2,000 SF
    Rate per SF
    $13
    Space
    1015 S Meridian Ave
    Size
    2,000 SF
    Rate per SF
    $13
    Space
    1025 S Meridian Ave
    Size
    2,000 SF
    Rate per SF
    $13

    HighLights

    • High‑traffic retail center in a busy Oklahoma City corridor.
    • Multiple signage opportunities for high visibility.
    • Excellent accessibility, located just south of I‑40.
    • Property features ample parking for customers and tenants.
    • 36,100 SF strip center with 6,000 SF of available space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Gym & Fitness Clothing Store Auto Repair Shop Skin Care Clinic Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.6017221
    Latitude
    35.4553317

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    FAQs

    What type of property is this?
    Neighborhood center - Oklahoma City Retail Space - High Visibility
    Where is this neighborhood center located?
    The property is located at 1011-1045 Meridian Ave Oklahoma City, OK.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail center in a busy Oklahoma City corridor.; Multiple signage opportunities for high visibility.; Excellent accessibility, located just south of I-40.
    Request Owner's contact information
    1011-1045 Meridian Ave Oklahoma City, OK 73108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1011-1045 Meridian Ave Oklahoma City, OK 73108
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