9201 Pennsylvania AveOklahoma City, OK 73120

Property Details for 9201 Pennsylvania Ave

Year built

1956

Construction

BRICK

Lot size

2.67 AC

Property size (Sq ft)

43,934 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

17-898-0025

APU

178980025

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $10,270,120

  6.5%

  $9,480,111

  7%

  $8,802,960

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,321,070

  Geo Method

  $13,321,070

• Alternative Use

  Use

  Valuation

  Residential

  $7,996,828

  Hospitality

  $7,325,052

  Educational

  $6,094,357

  Medical

  $6,303,951

  Retail

  $9,480,111

Location Insight

City

Village

County

Oklahoma

State

Oklahoma

Latitude

35.5641

Longitude

-97.55

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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