1300-1320 N Hills Shopping Center - Retail FOR SALE


Ada, OK 74820
$4,273,007 USD
405-473-7653
1300-1320 N Hills Shopping Center, Ada, OK for Sale
$4,273,007 USD
Retail - FOR SALE
1/8
null | 7.75% Cap Rate

1300-1320 N Hills Shopping Center
Ada, OK 74820


HIGHLIGHTS

  • Great Location

OVERVIEW

North Hills Retail Center is a three tenant, 100% occupied retail center located in Ada, Oklahoma. The three tenants (2 national, 1 regional) occupy the entire 85,513 SF of the Property which was built in 1994 and renovated in 2012. The Property has great visibility as well as three (3) ingress/egress driveways off of Lonnie Abbott Blvd. There is one large back-lit pylon sign at the street. Sitting on 8.6 acres, there is an abundance of parking. North Hills Shopping Center lies in the heart of Ada, Oklahoma and is across the street from a super wal-mart, with East Central University (4 yr. college), restaurants and other national retailers all in the immediate area. There is upside income through base rental increases for each renewal option. This is a great opportunity to own a wonderful and stable asset at a great going in price. Priced at $49.97/psf

FOR SALE DETAILS

PRICE

$4,273,007 USD

PRICE/SF

$50 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Hills Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

577

LAND DETAILS

LAND ACRES

8.66 AC

LAND SF

377,230 SF

ZONING

Commercial

APN/PARCEL ID

0525-27-004-006-0-048-00

ASK ABOUT THIS PROPERTY

Scott Heiple, CCIMHCB Commercial Real Estate Co., LLCMore Info
405-473-7653

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Scott Heiple, CCIMHCB Commercial Real Estate Co., LLCMore Info
405-473-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.