$1 Auction - REIT Sale | Former Day Care 1532 W Hefner Rd 4,959 SF Retail Building Oklahoma City, OK 73120 $150,000 ($30.25/SF)

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing office/retail building located at 1532 W Hefner Road in Oklahoma City, Oklahoma 73120 (the “Property”). Formerly occupied by Our Spot Day Care, the Property is offered at a substantial discount to replacement cost, presenting an exceptional opportunity for an owner-user or investor to acquire a highly visible retail asset with compelling value-add potential. FIRST BID MEETS RESERVE!
Constructed in 1980, the Property consists of a one-story, free-standing commercial building totaling ±4,959 gross square feet situated on a ±0.66-acre (±28,978 SF) parcel. The site features 15 surface parking spaces, two points of ingress and egress, and approximately ±150 feet of frontage along W Hefner Road (±16,621 VPD), providing excellent visibility and accessibility within one of northwest Oklahoma City’s established commercial corridors. Formerly occupied by Our Spot Day Care on a NNN lease, and previously home to La Petite Academy, the Property offers owner-users and investors the opportunity to reposition or lease the asset at market rental rates (CoStar market retail rents of $17-24/SF NNN). The interior is currently configured with multiple classroom areas, each featuring child-accessible restrooms, along with a kitchen, private office, storage areas, and a utility room. The fully fenced outdoor area previously accommodated playground facilities, which have since been removed, creating a flexible site suitable for a variety of future uses. The Property is zoned O-2 (General Office District), permitting a broad range of office, educational, medical, professional service, and select commercial uses. Combined with its flexible floor plan, existing parking, prominent frontage, and below-replacement-cost pricing, the Property presents an attractive adaptive reuse, owner-user, redevelopment, or value-add investment opportunity.
Strategically located in Oklahoma City, the capital and largest city in the state, within the established Western Village-Pied Piper neighborhood, the Property offers excellent visibility and convenient access to I-77 (±90,066 VPD, ±2-mi away), I-344 (±43,258 VPD, ±2.5-mi away), and HWY-74/Lake Hefner Pkwy (±105,500 VPD, ±2.5-mi away), providing efficient connectivity throughout the metro area and the broader region. Positioned immediately adjacent to the signalized intersection of W Hefner Road and N McKinley Avenue, the Property sits at the entrance to Stanley Hupfeld Academy @ Western Village Charter School, which serves 330+ students and maintains an annual waiting list exceeding 100 students. The surrounding area is anchored by established residential neighborhoods, strong educational institutions, healthcare providers, and professional office users. Nearby educational demand drivers include Heritage Hall (±1,000 students; ±1-mi), Casady School (PK-12; ±1,000 students; ±1-mi), Langston University (±2,000 students; ±5-mi), and Oklahoma City University (±2,700 students; ±6.5-mi). Community Hospital North, Oklahoma City Rehabilitation Hospital, and McBride Orthopedic Hospital, all within ±2-mi, collectively provide 122 licensed beds and employ more than 1,075 healthcare professionals. Strong demographics further enhance the location, with ±70,000+ residents and an average household income (AHHI) of ±$106,375 within a 3-mi radius, expanding to ±182,797 residents with an AHHI of ±$118,359 within 5-mi. Combined with its central infill location, flexible O-2 zoning, and proximity to major educational, healthcare, and employment centers, the Property is well suited for childcare, educational, medical, professional office, and other commercial or institutional users.