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North Penn Plaza 5601-5645 N Pennsylvania Ave
1,200 - 7,852 SF of Retail Space Available in Oklahoma City, OK 73112
Highlights
- Adjacent to Penn Square Mall, the highest-grossing mall in the state of Oklahoma.
- Close proximity to the well-established residential areas of Nichols Hills and Belle Isle
- High traffic volumes
- Local ownership.
- Centrally located in the most densely populated part of Oklahoma City
- Highly occupied strip center
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,652 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $8,315 /MO $99,780 /YR | Triple Net (NNN) | ||
| 1st Floor | 1,200 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $2,200 /MO $26,400 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1st Floor
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT North Penn Plaza
- Tenant
- Description
- US Locations
- Reach
- Avondale Galleries
- Art Gallery
- 1
- Local
- Dick Story Optical
- Optical
- 1
- Local
- Duncan Brothers Salon
- Salon/Barber/Spa
- 3
- Local
- Pinpoint Resource
- Men's Apparel
- 1
- -
| Tenant | Description | US Locations | Reach |
| Avondale Galleries | Art Gallery | 1 | Local |
| Dick Story Optical | Optical | 1 | Local |
| Duncan Brothers Salon | Salon/Barber/Spa | 3 | Local |
| Pinpoint Resource | Men's Apparel | 1 | - |
PROPERTY FACTS FOR 5601-5645 N Pennsylvania Ave , Oklahoma City, OK 73112
| Property Type | Retail | Year Built | 1971 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.45/1,000 SF |
| Gross Leasable Area | 32,415 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 32,415 SF |
| Year Built | 1971 |
| Parking Ratio | 5.45/1,000 SF |
About the Property
Located at 5633 North Pennsylvania Avenue, Oklahoma City, OK, 73112, this property offers prime leasing opportunities. Boasting modern amenities and versatile spaces, this property is perfect for businesses seeking a strategic location with high visibility. The expansive floor plan provides ample room for customization, while large windows flood the interior with natural light. With close proximity to major retailers including Penn Square mall, the Container Store, and national food chains, this property offers easy accessibility for clients and employees. Nearby employers include: Chesapeake energy HQ (4,000 employees), INTEGRIS Health (6,000 employees), State of Oklahoma (42,400), Cox Communications (1,400 employees), and Midfirst Bank (1,150 employees).
- Dedicated Turn Lane
- Property Manager on Site
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Nearby Major Retailers
-
Tori Meyer -
Creek CRE
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North Penn Plaza | 5601-5645 N Pennsylvania Ave
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