For Sale
$699,000

1501 Rockwell AveOklahoma City, OK 73127

Oklahoma City Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
124
This single-story, 6,312 square foot shopping center in Oklahoma City, OK presents a compelling investment opportunity. Located at 1501 N. Rockwell Ave, 73127, this Class C property boasts six units, each with its own restroom, and two handicap-accessible restrooms. The center benefits from high traffic counts on Rockwell Avenue (14,000 ADT) and its proximity to major thoroughfares: 2 miles from I-40 and 3.5 miles from I-44, as well as 2.3 miles from Northwest 39th Expressway. The property is zoned C-3, allowing for a variety of retail uses. Recent improvements include two brand new HVAC systems, updated exterior lighting and paint, and refreshed interior flooring. The asking price is $699,000, translating to $110.74 per square foot. This multi-tenant property, built in 1966, offers an owner-occupancy potential and strong potential for rental income. The lease type is modified, and the property features excellent visibility and accessibility. This is an exceptional chance to acquire a well-maintained, established shopping center in a thriving Oklahoma City location.

Highlights

  • Six-unit multifamily property.
  • 6,312 square feet of building area.
  • Asking price: $699,000.
  • Two miles from I-40.
  • 3.5 miles from I-44.
  • 2.3 miles from Northwest 39th Expressway.

Property Details for 1501 Rockwell Ave

Property type
Lifestyle centers, Power centers
Square Feet
6,312 SF
Class
C
Year Built
1966
Stories
1
Units
6

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.484735530965
Longitude
-97.636860168842
1501 Rockwell Ave, Oklahoma City, Oklahoma

FAQs

What type of property is this?
Lifestyle center - Oklahoma City Retail Investment
Where is the lifestyle center located?
The property is located at 1501 Rockwell Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Six-unit multifamily property.; 6,312 square feet of building area.; Asking price: $699,000.
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1501 Rockwell Ave
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