Retail Space / Oklahoma / Oklahoma City / 73162 / 7202 West Hefner Road

7202 West Hefner Road

Oklahoma City, OK 73162

Listing ID: 238141

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$2,250,000

For Sale

Property Type Retail for Sale : Shopping Center
Lot Size Acres 2.500
Building Sq Ft 34,640
Building Price per Sq Ft $64.95
Land Sq Ft 108,900
Land Price per Sq Ft $20.66
NOI $217,374
CAP Rate % 9.66

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Description

Purchase Price: $2,250,000
NOI: $217,374
Cap Rate: 9.66%
Building Size: 34,640
Lot Size: 2.5 Acres
Year Built: 1996
Renovated: 1998
Zoning: "C-3" Community Commercial District
Market: Oklahoma City Metro
Submarket: Northwest
Olympia Plaza is anchored by Dynamo Gymnastics and TRU YOU Fitness who occupies 72.5% of the center. The property is 100% leased located near Hefner and Rockwell, a booming retail intersection in northwest Oklahoma City. Olympia Plaza is surround by the following retailers: MidFirst Bank, Jimmy's Egg, Great Clips, Deaconess Physicians, Walgreens, Subway, Taco Bell and Bank of Oklahoma.
The center is located on the south side of Hefner Road with approximately 221 feet of frontage. Located just west of the intersection of W. Hefner Road and Rockwell Ave., the center is near traffic of 19,000 cars per day.

Attachments & Files

salebrochure040720-5qO-2gp.pdf

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Listing Demographics for 7202 West Hefner Road Oklahoma City, OK 73162

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		13,429	72,381	148,213
Population Median Age		42	39	38
Population by Age	0-9 Yrs	1581 (11%)	9455 (13%)	20183 (13%)
	10-19 Yrs	1491 (11%)	8450 (11%)	17495 (11%)
	20-29 Yrs	1749 (13%)	10442 (14%)	21675 (14%)
	30-39 Yrs	1891 (14%)	10350 (14%)	21866 (14%)
	40-49 Yrs	1275 (9%)	8370 (11%)	17479 (11%)
	50-59 Yrs	1587 (11%)	8818 (12%)	16746 (11%)
	60-69 Yrs	1664 (12%)	8392 (11%)	16850 (11%)
	70+ Yrs	2192 (16%)	8104 (11%)	15919 (10%)

Median HH Income		$70,836	$66,508	$64,125
Total Household Income	< 24K	617 (11%)	4390 (14%)	9498 (15%)
	25-49K	1066 (20%)	6513 (22%)	14175 (23%)
	50-74K	1078 (20%)	5389 (18%)	11155 (18%)
	75-99K	839 (16%)	4168 (14%)	8334 (13%)
	100-199K	1220 (23%)	6860 (23%)	13582 (22%)
	200K+	406 (7%)	1995 (6%)	3985 (6%)

Highest Education Level	No Diploma	543	2768	6212
	Diploma or GED	2187	10580	21480
	Some College	2455	12315	24760
	Assoc. Degree	753	4153	7476
	Bachelors Degree	2504	13453	27004
	Higher Degree	1198	7024	14644

Total Housing Units		5,731	32,513	67,348
--Owner-Occupied		3,247	17,922	37,701
--Renter-Occupied		1,980	11,393	23,028
Owner-Occupied Values	< 100K	243	852	3496
	100-199K	1718	10191	19407
	200-299K	940	4455	8763
	300-399K	269	1257	2935
	400-499K	66	466	1357
	500K+	11	701	1743

Total Working Age Population		10,991	57,642	116,870
In Work Force		7,029	39,662	80,868
Not In Work Force		3,962	17,980	36,002
Workforce Employed		6,825	38,290	77,931
Workforce Unemployed		204	1,258	2,741
Civlian Workforce		7,029	39,549	80,672
Military Workforce		0	113	197

Total Households		5,227	29,315	60,730
Family Households		3,322	18,427	36,969
Non-Family Households		1,905	10,888	23,761
Married Couple		2,477	13,550	27,141
Other Family		845	4,876	9,828
Married w/Child		753	4,671	10,217
Single Male w/Child		83	542	1,325
Single Female w/Child		388	2,289	4,440

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Oklahoma	3,450,654	+9	3,751,351	+7	4,024,202	+7	4,302,501
Canadian County	87,697	+32	115,541	+16	133,468	+13	151,440
Oklahoma County	660,448	+9	718,633	+7	772,053	+6	821,230

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

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