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    OFF-MARKET
    Retail properties & Spaces

    0 138Th St, Oklahoma City, OK 73170

    17,500 SF Built 2023
    Property ID
    Property summary
    AI-generated overview

    Palermo Place Phase II offers exceptional retail opportunities in a thriving Cleveland County location. This brand-new, 17,500 square foot retail strip, completed in 2023, is currently pre-leasing. The development features two available suites, each offering 1,750 square feet of flexible space, perfect for a variety of businesses. With multiple curb cuts off Western Avenue, this property boasts high visibility and accessibility. The C-2 zoning allows for diverse commercial uses, including office and quick-service restaurant options. Situated within a master-planned community, Palermo Place Phase II benefits from a strong residential base, ensuring a high daytime population and consistent customer traffic. The property's strategic location and modern design make it an ideal investment for businesses seeking a high-growth area. The development's groundbreaking occurred in Fall 2023, and the available spaces are ready for immediate occupancy. Don't miss this chance to establish your business in this vibrant and rapidly expanding retail center. The minimum leasable space is 1,750 square feet, with a maximum contiguous space of 1,750 square feet. A total of 3,500 square feet is currently vacant.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2023
    Total area 17,500 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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