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Property profile & analytics
FOR LEASE
Strip malls

801 SW 119Th St Oklahoma City, OK 73170

12,322 SF 3.56 ac lot Built 2005
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-0343061
Property summary
AI-generated overview

This vibrant retail center, located in Cleveland County, offers 27,944 square feet of prime retail space in a thriving Southwest Oklahoma City location. Built in 2008, the property sits on a 3.56-acre lot and features four suites, with 6,000 square feet currently vacant. Spaces range from a minimum of 1,200 square feet to a maximum contiguous space of 2,400 square feet, offering flexibility for various business needs. The center benefits from its strategic location, providing easy access to I-35 and I-44, and boasts excellent parking. High daily traffic counts of 18,057 vehicles per day on SW 119th and 19,447 vehicles per day on Western Avenue ensure high visibility and potential customer traffic. The property's established tenant mix provides a strong existing customer base, creating an ideal environment for new businesses to thrive. Various build-out options are available to accommodate diverse business requirements. This is an exceptional opportunity to secure retail space in a high-traffic, well-established retail corridor. The property's location offers significant advantages for businesses seeking to tap into a large and readily accessible customer base in a rapidly growing area. Don't miss this chance to establish your business in this dynamic retail environment.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction STEEL FRAME
Total area 12,322 SF
Lot 3.56 ac (155,117 SF)
APN OCC2 10 3W 9032
UPID US69-0343061
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.21M
Blend (final) Blend
$2.19M
Owner & transaction history
Western Market Place LLC · 4 yrs held
Western Market Place LLC
since 2022
5 recorded transactions
2022
Price N/A
2020
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.5M +151.8%
Medical building $1.9M +37.7%
Auto repair, garage $1.8M +31.2%
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