Priced Significantly Below Replacement Cost – At a price of $287 PSF, this center is offered significantly below replacement cost averages of over $400 PSF (Source: ProEst)
100% Occupancy with Long-Term Triple Net Leases – All but one tenant have NNN leases, allowing an investor to have limited landlord responsibilities and ease of management
High Quality 2023 Construction with Ample Parking – Features 3 points of excellent ingress/egress along both South Harvard Road and East 37th Street with ample parking in the front of the center
Unmatched Strength of Surrounding Tenants & Sub-Market – The immediate area is home to some of the most dominant retail stores in the state of Oklahoma for annual visitor counts (Source: Placer.AI):
• The Southroads Shopping Center (less than 1.5-miles East) is the #3 Ranked Community Center in Oklahoma with over 5 million visits per year and features the #1 Ranked Chick-Fil-A, AMC, Michaels, Schlotzsky’s, Old Navy, and Party City in the State
• Home Depot, Academy Sports & Outdoors, Best Buy, and World Market (less than 2-miles East) all rank within the Top 3% of their respective chain locations in the State