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    6909 Hefner Rd Oklahoma City, OK 73162

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    For Lease
    Contact for pricing

    Modern Salon Suites, Oklahoma City

    Lot size:
    2,356 SF

    Property Features for 6909 Hefner Rd

    General Information

    Property type
    Retail properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,356 SF
    Class
    B
    Total Rate
    7258.44

    Building Details

    Year Built/Renovated
    1995/2024
    Buildings
    1

    Spaces For Lease

    at 6909 Hefner Rd, Oklahoma City, OK 73162 Contact us
    Unit NailBars 1 & 2

    $36 /Mo

    Size
    250 SF
    Contact us
    Unit Individual Salon Suites 1-9

    $41 /Mo

    Size
    140 SF
    Contact us
    Unit Styling Stations 1 & 2

    $41 /Mo

    Size
    140 SF
    Contact us

    We can help!

    Listing Contact
    David Friedman
    David Friedman

    Listing Agency: Rodeo Realty Listing Agent: David Friedman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 2,356 square foot retail property, located at 6909 W Hefner Rd, Oklahoma City, OK 73162, presents a unique investment opportunity. Built in 1995 and extensively renovated in 2024, this Class B building offers 14 fully equipped salon suites, ranging from 130 to 2,100 contiguous square feet. The property boasts a welcoming lobby with floor-to-ceiling windows, a furnished seating area, a blow-out bar, and two nail stations featuring high-end Keller pedicure chairs. Each of the nine private suites includes plumbing with vanity sinks, ideal for med spas, cosmetologists, estheticians, and hairstylists (some with shampoo bowls). The building is fully ADA compliant and offers 24/7 access with coded entry and video monitoring. Ample parking is available with 161 spaces. The property is zoned PUD-78B and is conveniently located in the Warwick Crossing submarket, near Rockwell. Common area maintenance is included. Conveniently located in Oklahoma City, this property offers flexible lease terms and the potential for discounted rates for larger teams. On-site convenience items such as small packets, foils, bleach, peroxide, and disposable gloves are available. The property is served by OGE Electric.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RadioActive Threads Clothing Store 365 Boba & Eatery Restaurant Momentum Pros Web ... Marketing & Advertising Warwick Crossing Shopping Center & Mall Solum Insurance Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.636376835196
    Latitude
    35.581168857135

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    FAQs

    What type of property is this?
    Retail property - Modern Salon Suites, Oklahoma City
    Where is this retail property located?
    The property is located at 6909 Hefner Rd Oklahoma City, OK.
    What is the lease rate?
    The lease rate is $36-$41 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail center available for lease in affluent area, ideal for expanding businesses.; High daily traffic counts (18,000-21,487 vehicles) and ample parking.; Excellent location near amenities including grocery, restaurants, pharmacies, banks, and schools.
    (818) 915-3982 Call to check price and availability
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    6909 Hefner Rd Oklahoma City, OK 73162
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    Oklahoma City, OK 73162
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6909 Hefner Rd Oklahoma City, OK 73162
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    Contact for Pricing
    Please call us for current price
    and status of this listing David Friedman
    David Friedman
    Real Estate License ID: 867551
    (818) 915-3982 (818) 222-7707
    Learn more
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