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700 W Main St 11,040 SF Retail Building Norman, OK 73069 $3,699,540 CAD ($335.10 CAD/SF)
Investment Highlights
- 700 W Main Street is a 11,040 SF freestanding retail building with ample parking, a drive-thru, and prominent signage opportunities.
- $2.8B in annual consumer spending within a 10-mile radius, and the building stands to gain much of that exposure with traffic counts of 34,601 VPD.
- Ownership is very keen on strong credit leasing opportunities. Contact Randall Perry for more details.
- The former CVS is at a bustling corner with ample parking, a rare luxury in Norman, a mile from The University of Oklahoma campus.
- The more than 26,000 students enrolled in the university helped keep vacancy rates down during the pandemic, only rising by 0.7% at their peak.
Executive Summary
o - Parcel size may present SPLIT PAD opportunity
o - 1031 READY
Property Facts
Amenities
- Corner Lot
- Signage
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Freestanding former CVS located on a busy signalized intersection that sees over 34,000 vehicles per day. The building sits a mile away from The University of Oklahoma campus and neighbors a beloved bagel shop, sure to entice the more than 26,000 enrolled students. Norman is also the third-largest city in the state of Oklahoma and its retail sector was almost unphased by the pandemic due to its robust built-in consumer base. Ownership is open to repurpose budgeting for qualified end-users.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 11,040 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 11,040 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 11,040 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
Freestanding former CVS located on a busy signalized intersection that sees over 34,000 vehicles per day. The building sits a mile away from The University of Oklahoma campus and neighbors a beloved bagel shop, sure to entice the more than 26,000 enrolled students. Norman is also the third-largest city in the state of Oklahoma and its retail sector was almost unphased by the pandemic due to its robust built-in consumer base. Ownership is open to repurpose budgeting for qualified end-users.
Nearby Major Retailers
Property Taxes
| Parcel Number | R0032823 | Improvements Assessment | $256,166 CAD |
| Land Assessment | $56,767 CAD | Total Assessment | $312,933 CAD |
Property Taxes
Presented by
NEWAMCO
700 W Main St
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