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Property profile & analytics
FOR LEASE
Strip malls

9201 N Pennsylvania Ave Oklahoma City, OK 73120

43,934 SF 2.67 ac lot Built 1956
Entity Owned 7-yr Hold Free & Clear
Property ID
US69-0460366
Property summary
AI-generated overview

Casady Square Shopping Center, located at 9201 N Pennsylvania Ave, Oklahoma City, OK 73120, presents a unique investment opportunity. This established retail center, totaling 145,929 square feet, comprises three single-story buildings on 10.83 acres of land in the desirable Village/Nichols Hills submarket. Built in 1973, the property boasts 743 parking spaces and features 50 suites ranging from 1,075 to 9,825 square feet, with several currently available. The center enjoys a prime location at the intersection of W. Britton Road & N Pennsylvania Ave, providing excellent visibility and accessibility. Its diverse tenant mix includes a variety of businesses, from restaurants and salons to retail shops and offices, catering to a high-end clientele. The property's Oklahoma County location (APN: 178980025, 179041005, 179221535) offers strong potential for continued growth and profitability. This is a rare chance to acquire a well-established retail center in a highly sought-after area. The property's long history and current tenant roster demonstrate its enduring appeal and market strength. The available spaces offer a variety of sizes to accommodate diverse business needs.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1956
Construction BRICK
Total area 43,934 SF
Lot 2.67 ac (116,479 SF)
APN 17-898-0025
UPID US69-0460366
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
  • Red Buffalo Media Advertising Agency Marketing & Advertising
  • United States Postal Service Shipping And Mailing Service Post Office
  • United Fire & Safety Production Facility Building Supply
  • Premier Water and Fire Damage Restoration Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.28M
Blend (final) Blend
$4.37M
Owner & transaction history
Mvp Casady LP · 7 yrs held
Mvp Casady LP
since 2019
5 recorded transactions
2019
Price N/A
2019
$2.7M
2019
$6.9M
2008
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $6.9M +37.7%
Auto repair, garage $6.5M +31.2%
Commercial (general) $6.1M +21.7%
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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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