7401 May AveOklahoma City, OK 73116

  • Retail properties
  • 2,204 SF
For Lease
$120/SF/YR View listing

Property Details for 7401 May Ave

Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.25 AC
Property size (Sq ft)
2,204 SF
Property type
Retail properties
Property subtype
Retail space
APN
14-362-1005
APU
143621005

Description

Lakeside Shopping Center, located at 7401 N May Ave, Oklahoma City, OK 73116, presents a unique opportunity for retail businesses. This single-story, 68,179 square foot Class B center, built in 1964 and renovated in 2013, sits on a 4.78-acre lot at the gateway to Nichols Hills. The property boasts 20 suites, with a minimum divisible space of 750 square feet and a maximum contiguous space of 12,000 square feet. Currently, only 100 square feet are vacant. The center is strategically positioned at the intersection of N. May Ave. and Grand Boulevard, offering high visibility and ample exposure to potential customers. An on-site LED sign is available for tenant use. The property is well-maintained and features a diverse mix of existing tenants and services, creating a vibrant and thriving retail environment. The zoning is C-3. The property is situated in the Nichols Hills submarket within the North OKC cluster. Note that cannabis is not an approved use. This is an exceptional opportunity to establish a presence in a well-established and desirable location.

7401 May Ave, Oklahoma City, Oklahoma

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.3932
Longitude
-97.566
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,835
$23,892
$77,862
$101,754
-
$217,200
$707,843
$925,043

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