Village Park 10404 N May Ave Ave Local commercial 1 509 m² 100 % Loué À vendre Oklahoma City, OK 73120 2 485 851 € (1 647,53 €/m²)

Wiggin Properties is pleased to present the exclusive offering of Village Park North, a fully occupied multi-tenant retail asset offering a compelling mark-to-market opportunity in one of Oklahoma City’s most tightly held corridors at a basis well below replacement cost. With a long-standing tenant roster, a proven location, and the ability to immediately enhance value, Village Park North is a legacy asset poised for its next chapter under new stewardship.
Oklahoma City is located in central Oklahoma in the heart of the I-35 Megalopolis, the #1 ranked Megapolitan Area for population and job growth since 2005. The Greater Oklahoma City is home to nearly 10% of the I-35 Megalopolis’ total population of 20.7 million. From 2010-2020, Oklahoma City was one of only 14 cities in the United States to grow by 100,000+ residents. Since 2010, Oklahoma’s MSA has grown 19% and GDP has grown 26%. Based on a sample from the Greater Oklahoma City Chamber, three out of four graduates from Oklahoma universities are found to be working in Oklahoma five years after graduation.
OKC ranks fifth lowest in cost of living among U.S. urban areas, ranked No. 1 lowest unemployment rate among large metros (2.3%), has received the highest possible bond rating for 17 years in a row (AAA rating from S&P Global, Aaa rating from Moody’s Investors Service),the ninth most affordable child-raising costs in the United States, and more, highlighting the city’s attractiveness to invest, live, work, and play.