Hal Muldrow Retail Center

For Sale

203 Hal Muldrow Dr, Norman, OK 73069

This Norman property for sale is located at 203 Hal Muldrow Dr. The current listed sale price for Hal Muldrow Retail Center is $2,200,000. Hal Muldrow Retail Center is situated on a lot that is 0.81 acre in size.

Contacts

Ryan Gilliland

Fleske Commercial Group

Property Details

  • Property Type Retail - Strip
  • Property Size 19,455 SF
  • Units 10
  • Lot Size 0.81 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1974
  • Date Updated May 10, 2026
Located just of Main Street, immediately east of 24th Ave SW and within 1/4 mile of on/off ramps at I-35.Fully occupied retail strip center located amongst Norman's busiest retail corridor, 24th Ave SW and W Main St. This legacy property has been well-maintained and owned by the same family since 1987. The property presents an excellent value-add opportunity as lease rates have remained below market. By increasing rents, which could be done immediately as all leases are month-to-month, 9%+ cap rate are reasonable to expect based off of conservative rent estimates. Tenancy includes several long-standing, well known businesses in the Norman community.
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Highlights

  • 9% + cap rate potential based off conservative pro forma model
  • All leases are month-to-month
  • Signal at intersection
  • Tenant mix includes long-term, highly revered community businesses
  • Traffic count of over 26,000 vpd along W. Main St.
  • Value add opportunity to increase rents to near market
  • Well maintained property with little deferred maintenance

Attachments

Getting around

  • 77/100

    Walk Score ®

  • 87/100

    Bike Score ®

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Location

  • City Norman, OK
  • Neighborhood Jackson
  • Zip Code 73069
  • Market Oklahoma City

Points of Interest

  • Norman

    1.71 miles

  • Biloxi/Beaumont (Kennedy School)

    3.12 miles

  • Sinclair

    0.07 miles

  • Mr. Shortstop

    0.88 miles

  • OnCue

    0.89 miles

  • Conoco

    0.93 miles

  • Homeland Gas Station

    1.00 miles

  • Circle K

    1.02 miles

  • Valero

    1.36 miles

  • 7-Eleven

    1.44 miles

  • Elm Avenue Parking Facility

    1.49 miles

  • Goddard Patient Lot

    1.52 miles

  • Goddard Faculty Lot

    1.52 miles

  • Oklahoma Memorial Union Parking Center

    1.69 miles

  • Asp Avenue Parking Facility

    1.82 miles

  • Brooks-Jenkins Lot

    1.92 miles

  • Jenkins Parking Garage

    2.03 miles

  • Duck Pond Parking Lot

    2.04 miles

  • Callaway House Parking Garage

    2.07 miles

  • Headington Hall Parking

    2.11 miles

  • Billy Sims BBQ

    0.10 miles

  • Panera Bread

    0.10 miles

  • Little Caesars

    0.16 miles

  • Red Horse Grill

    0.18 miles

  • Wendy's

    0.21 miles

  • Spirals Hot Dogs & More

    0.21 miles

  • Subway

    0.22 miles

  • Happy Garden

    0.23 miles

  • DQ Grill & Chill

    0.24 miles

  • Shipley Do-Nuts

    0.27 miles

  • Natural Grocers

    0.18 miles

  • Big Lots

    0.26 miles

  • ALDI

    0.33 miles

  • Walmart Supercenter

    0.58 miles

  • Ross

    0.84 miles

  • Parkway Plaza

    0.85 miles

  • Sooner Mall

    1.02 miles

  • Homeland

    1.06 miles

  • Dillard's

    1.06 miles

  • JCPenney

    1.15 miles

Contact Listing Broker
Ryan Gilliland

Fleske Commercial Group

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