- For Sale $2,666,666
- Property Type Retail - Freestanding
- Property Size 13,386 SF
- Date Updated Jul 2, 2026
Description
The Walgreens at 9011 S Pennsylvania Avenue occupies a highly desirable infill location within one of Oklahoma City's most established residential and retail corridors. Positioned along a major north-south arterial, the property benefits from strong daily traffic volumes, dense surrounding population, excellent visibility, and direct access to the region's primary transportation network. The store serves a large and mature trade area supported by stable residential neighborhoods, healthcare facilities, schools, and neighborhood-serving retail. Proximity to Interstate 240, Interstate 44, downtown Oklahoma City, Tinker Air Force Base, and the Norman/University of Oklahoma corridor further strengthens its long-term relevance as a necessity-based retail asset.Built in 1995, with an initial twenty year firm term, this Walgreens has seen three options exercised (at this in-place rent) over the last fifteen years. Most recently, Walgreens exercised its option in 2025, demonstrating its commitment to the site as well as the success of the store. The ranking data, highlights it's position in Walgreens portfolio as one of the best stores in the country...at a hard to find, low annual rent. Investors may view the potential for a 2030 renewal as supported by a rare combination of objective factors: more than 30 years of continuous occupancy, three consecutive option exercises, below-market rent, exceptional store performance, one of Walgreens' highest foot-traffic rankings in the nation, and a premier infill location at a dominant retail intersection. While no lease renewal can ever be guaranteed, these characteristics collectively suggest this location is well positioned to remain an important part of Walgreens' long-term operating portfolio.
Highlights
- #1 Store in the Trade Area, Out of Thirteen
- Already Exercised Three Op tions at the In Place Rent
- Below Market Rents
- Foot Traffic at This Locati on Ranks Amongst the Best in the Country
- One of Walgreens Best Five Stores in Oklahoma
- Strategic Locati on
- Top 400 Loca tion in the En re Country
- Walgreens Has Been Opera ng at This Loca tion for 30+ Years
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Contacts
Arthur Griffith
RX Syndicate
Location
Located at 9011 S Pennsylvania Avenue , Oklahoma City, OK 73159, this property is part of the Penn South neighborhood and Oklahoma City market.
Contact Listing Broker
Arthur Griffith
RX Syndicate