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    Property profile & analytics
    FOR LEASE
    Retail space

    1100 E Constitution St, Norman, OK 73072

    12,690 SF 1.73 ac lot Built 2008
    Entity Owned 18-yr Hold Absentee Owner Free & Clear
    Property ID
    US69-0200411
    Property summary
    AI-generated overview

    This exceptional retail opportunity in Norman, Oklahoma, presents a 3,556 square foot vacant space within a 12,768 square foot strip center located at 1100 E. Constitution. The property boasts a prime location offering high visibility and ample parking for both tenants and customers. The modern and versatile layout is suitable for a variety of retail concepts, from a single storefront to a larger strip center operation. Responsive management services ensure a smooth and efficient tenant experience. This property is perfectly positioned for businesses seeking to establish a strong retail presence in a thriving Norman commercial area. The available space offers significant potential for growth and success, making it an ideal investment for retailers looking to capitalize on a high-traffic location. The building's design and amenities are geared towards maximizing customer convenience and tenant satisfaction. Don't miss this chance to secure a prominent retail location in a desirable Norman, OK commercial district. This is a rare opportunity to establish a successful business in a high-demand area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2008
    Construction STEEL FRAME
    Total area 12,690 SF
    Lot 1.73 ac (75,359 SF)
    APN NC29NATTC 37 002
    UPID US69-0200411
    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
    Current use
    Occupant on record · Public records
    • Highland Pure Water & Ice Big Box & Wholesale Store Distribution Center
    • Lotus Gold Cannabis Co. (Bike/Boat/Book/etc) Store
    • Priscilla's Garden (Bike/Boat/Book/etc) Store
    • Elite Cannabis (Bike/Boat/Book/etc) Store
    • Vapor 100 (Bike/Boat/Book/etc) Store Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.95M
    Comparable Approach Comparable
    $2.59M
    Blend (final) Blend
    $2.22M
    Owner & transaction history
    Family Video Movie Club INC · 18 yrs held
    Family Video Movie Club INC
    since 2008
    7 recorded transactions
    2020
    2019
    2018
    2017
    2016
    2008
    $1.1M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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