Map of Property

Lakehurst Shopping Center

7919 N May Ave, Oklahoma City, OK 73120

  • For Sale $2,600,000
  • Property Type Retail
  • Property Size 18,140 SF
  • Units 9
  • Lot Size 1.29 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1980
  • Date Updated Nov 18, 2024
Lakehurst is located in a phenomenal location near the intersection of Wilshire and May and boasts traffic counts in excess of 20,500 vpd.Lakehurst Shopping Center provides an investor with a great opportunity to acquire a well maintained shopping center near the coveted Nichols Hills area. Although the center has recently encountered some vacancy, the property has a proven track record of historically high occupancy over the years. Additionally, the average lease rate for the property is below market at only $12.75/ft providing immediate upside with little to no effort as the current leases expire. Market comparables show the average lease rate in the area at $15/ft. Overall, the property is in great condition and has recently received new TPO roofs on both buildings and nearly all HVAC's have been replaced over the last few years providing a new investor with peace of mind with regards to capital expenditures.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Phenomenal Location near Nichols Hills
  • New TPO roofs on both buildings
  • Almost all HVAC's have been replaced
  • Historically stable asset

Contacts

broker

Casey Massegee

The Grant Group

Location

Getting Around

  • Walk Score ®

    68/100 Somewhat Walkable

  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Oklahoma City, OK
  • Neighborhood Lakehurst
  • Zip Code 73120
  • Market Oklahoma City

Points of Interest

  • Dewey Avenue

    5.59 miles

  • North Hudson

    5.65 miles

  • Midtown

    5.75 miles

  • Art Park

    5.79 miles

  • Northwest 10th Street

    5.83 miles

  • Law School

    6.02 miles

  • Automobile Alley

    6.03 miles

  • Transit Center

    6.16 miles

  • Memorial Museum

    6.21 miles

  • Federal Courthouse

    6.23 miles

  • Conoco

    0.52 miles

  • OnCue

    1.59 miles

  • Oncue

    1.92 miles

  • Shell

    2.08 miles

  • Love's

    2.15 miles

  • 7-Eleven

    2.20 miles

  • Valero

    2.22 miles

  • CNG

    2.66 miles

  • Tesla Supercharger

    4.10 miles

  • Golf Cart Parking

    0.93 miles

  • Torks Parking

    1.34 miles

  • Penn Square Mall Multi-Story Parking

    2.27 miles

  • Chesapeake Central Park

    2.41 miles

  • Chesapeake Car Park 1

    2.53 miles

  • Chesapeake Car Park 2

    2.58 miles

  • Chesapeake Car Park 3

    2.62 miles

  • Chesapeake Car Park 4

    2.72 miles

  • Andy B's Bowl Social

    2.91 miles

  • Crown Heights Christian Church Parking

    3.41 miles

  • Luigi's Pizza

    0.05 miles

  • Pizza Hut

    0.08 miles

  • Tropical Smoothie Cafe

    0.12 miles

  • Chapala Family Mexican Cuisine

    0.13 miles

  • Dickey's Barbeque Pit

    0.13 miles

  • Sonic

    0.20 miles

  • Vito's Ristorante

    0.23 miles

  • Domino's

    0.26 miles

  • Belle Kitchen

    0.37 miles

  • Shake This

    0.38 miles

  • May-Grand Shoppes

    0.27 miles

  • Buthion Fine Food & Wine

    0.46 miles

  • Homeland

    0.83 miles

  • Sprouts Farmers Market

    1.01 miles

  • Uptown Market

    1.12 miles

  • Big Lots

    1.13 miles

  • Walmart Neighborhood Market

    1.40 miles

  • Gordman's

    1.46 miles

  • Pruett's Food

    1.49 miles

  • Target

    1.91 miles

Frequently Asked Questions

How much does Lakehurst Shopping Center cost?

The space currently listed for sale at Lakehurst Shopping Center asks for $2,600,000.

What is the total square footage of Lakehurst Shopping Center?

Lakehurst Shopping Center totals 18,140 square feet.

When was this property built?

Lakehurst Shopping Center was built in 1980.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Casey Massegee

The Grant Group