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Retail Space in Growing Area
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251 E Waterloo Rd, Edmond, OK 73034

Former dispensary space in a high-growth area with ample parking.

Space Size1,420 SF
Property Size8,990 SF
Days on Market788

Property Features for 251 E Waterloo Rd

General Information

Standard status Active
Size 1,420 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 8,990 SF
Year Built 2011
Tenancy Multiple

Spaces For Lease

at 251 E Waterloo Rd Contact us

3

Size
1,420 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Fleske Commercial Group
Listed By: Emily Duncan Belusko · License #OK 205976
Source: Crexi
Added: Jun 27, 2024 Changed: Aug 9 Last Checked: Aug 22 at 1:27PM

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 Fleske Commercial Group

Investment Insights

Based on property information with market context.

Located within the Market at Cedar Lake shopping center, this former dispensary space benefits from favorable financial demographics and established, long-term tenants. The retail strip, under local ownership and management, is situated on a spacious lot with extensive parking facilities and a diverse tenant mix. Monument signage opportunities are available along the street frontage. The surrounding area of Edmond is experiencing significant growth and development.

Key Highlights

  • Located in a high‑growth area of Edmond.
  • Situated in the Market at Cedar Lake shopping center.
  • Excellent financial demographics surround the location.

Property Analytics

Current Use

City Limit Donuts Bakery The Farmacy Dispensary (Bike/Boat/Book/etc) Store Stacey's Place Restaurant Leslie's (Bike/Boat/Book/etc) Store Stacy's Place Restaurant

Suggested Use

Top Pick Dental Office Auto Parts Store Pharmacy Electrical Service Building Supply Nail Salon

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 81% Shops & Services 14% Home Improvements & Furnishings 5%
SONIC Drive In Dining
9,077 visits/mo 0.2 miles
SUBWAY Dining
2,429 visits/mo 0.0 miles
F&M Bank Shops & Services
1,350 visits/mo 0.0 miles
Leslie's Pool Supplies Home Improvements & Furnishings
770 visits/mo 0.1 miles
Jake's Fireworks Shops & Services
665 visits/mo 0.3 miles

Demographics for 73034, OK

47,553
Population
18,727
Households
2.5
Avg Household Size
37
Median Age
59%
College-Educated
96%
High-School Grad
51.7 sq mi
ZIP Area
920
Density / Sq Mi
$113,296
Median Household Income
$52,163
Median Earnings
$1,203
Median Rent
$368,000
Median Home Value

Market

Lease Benchmarks for Edmond, OK

$17.96 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
4,502 SF
Avg Space Size

This space is priced 11% below the average of $17.96 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Former dispensary space in a high-growth area with ample parking.
Where is this retail space located?
The property is located at 251 E Waterloo Rd Edmond, OK.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Located in a high‑growth area of Edmond.; Situated in the Market at Cedar Lake shopping center.; Excellent financial demographics surround the location.
(405) 701-3505 Call to check price and availability
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