Retail Space
7202 West Hefner Road Oklahoma City, OK 73162
Details & Description
Price: $2,250,000
    Purchase Price: $2,250,000 NOI: $217,374Cap Rate: 9.66% Building Size: 34,640 Lot Size: 2.5 AcresYear Built: 1996Renovated: 1998Zoning: "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.
    Additional Photos
    Listing Agents
    Paul Ravencraft

    O: 405-239-1220
    M: 405-226-5467
    pravencraft@priceedwards.com
    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.

    7202 West Hefner Road

    Oklahoma City, OK 73162

    Listing ID: 238141
    • 7202 West Hefner Road Oklahoma City, OK 73162 | for Sale | Photo 1
    • 7202 West Hefner Road Oklahoma City, OK 73162 | for Sale | Photo 2
    • 7202 West Hefner Road Oklahoma City, OK 73162 | for Sale | Photo 3
    • 7202 West Hefner Road Oklahoma City, OK 73162 | for Sale | Photo 4
    7202 West Hefner Road | for Sale | Thumbnail 1
    7202 West Hefner Road | for Sale | Thumbnail 2
    7202 West Hefner Road | for Sale | Thumbnail 3
    7202 West Hefner Road | for Sale | Thumbnail 4
    Building Size: 34,640 SF
    Lot Size: 2.500 AC
    Land Size: 108,900 SF
    Building $/SF: $64.95
    Land $/SF: $20.66
    Price
    $2,250,000
    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.

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Oklahoma City History of Retail Space for Sale

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    Oklahoma City Area Market Trends

    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 Population13,42972,381148,213
    Population Median Age423938
    Population by Age0-9 Yrs1581 (11%)9455 (13%)20183 (13%)
    10-19 Yrs1491 (11%)8450 (11%)17495 (11%)
    20-29 Yrs1749 (13%)10442 (14%)21675 (14%)
    30-39 Yrs1891 (14%)10350 (14%)21866 (14%)
    40-49 Yrs1275 (9%)8370 (11%)17479 (11%)
    50-59 Yrs1587 (11%)8818 (12%)16746 (11%)
    60-69 Yrs1664 (12%)8392 (11%)16850 (11%)
    70+ Yrs2192 (16%)8104 (11%)15919 (10%)
    Median HH Income$70,836$66,508$64,125
    Total Household Income< 24K617 (11%)4390 (14%)9498 (15%)
    25-49K1066 (20%)6513 (22%)14175 (23%)
    50-74K1078 (20%)5389 (18%)11155 (18%)
    75-99K839 (16%)4168 (14%)8334 (13%)
    100-199K1220 (23%)6860 (23%)13582 (22%)
    200K+406 (7%)1995 (6%)3985 (6%)
    Highest Education LevelNo Diploma54327686212
    Diploma or GED21871058021480
    Some College24551231524760
    Assoc. Degree75341537476
    Bachelors Degree25041345327004
    Higher Degree1198702414644
    Total Housing Units5,73132,51367,348
    --Owner-Occupied3,24717,92237,701
    --Renter-Occupied1,98011,39323,028
    Owner-Occupied Values< 100K2438523496
    100-199K17181019119407
    200-299K94044558763
    300-399K26912572935
    400-499K664661357
    500K+117011743
    Total Working Age Population10,99157,642116,870
    In Work Force7,02939,66280,868
    Not In Work Force3,96217,98036,002
    Workforce Employed6,82538,29077,931
    Workforce Unemployed2041,2582,741
    Civlian Workforce7,02939,54980,672
    Military Workforce0113197
    Total Households5,22729,31560,730
    Family Households3,32218,42736,969
    Non-Family Households1,90510,88823,761
    Married Couple2,47713,55027,141
    Other Family8454,8769,828
    Married w/Child7534,67110,217
    Single Male w/Child835421,325
    Single Female w/Child3882,2894,440

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Oklahoma3,450,654+93,751,351+74,024,202+74,302,501
    Canadian County87,697+32115,541+16133,468+13151,440
    Oklahoma County660,448+9718,633+7772,053+6821,230

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 7202 West Hefner Road in Oklahoma City?
    The asking price for 7202 West Hefner Road is $2,250,000
    What is the building size of this Retail property in Oklahoma City, OK?
    The size of the building/unit at 7202 West Hefner Road in Oklahoma City is 34,640 square feet
    How much land does the Oklahoma City, OK property at 7202 West Hefner Road include?
    7202 West Hefner Road in Oklahoma City includes 2.500 acres of land
    What kind of Retail is the propery at 7202 West Hefner Road?
    The property at 7202 West Hefner Road Oklahoma City, OK 73162 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 7202 West Hefner Road in Oklahoma City?
    The population within 1 mile of 7202 West Hefner Road Oklahoma City, OK 73162 is 13,429 people.
    Who do I contact for questions about 7202 West Hefner Road?
    You should contact the listing agent, Paul Ravencraft, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Will Rogers World Airport (OKC) 13
    Tulsa International Airport (TUL) 107
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 120
    Price
    $2,250,000
    Listing Agent
    More listings from Paul Ravencraft
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