Property Description
HMX Realty Advisors exclusively presents for sale a well–established, five–tenant shopping center strategically located at the highly visible on and off ramps of Interstate 40, benefiting from a traffic count of 82,000 vehicles per day. The property is on SE 15th Street, a major retail corridor with easy access to a significant collection of national retailers, including a top–performing Walmart Supercenter and top performing Home Depot. Academy Sports, Hobby Lobby, Burlington Coat Factory, Chick–fil–A, Wendy’s, Olive Gargen, Murphy USA, and Mo’ Bettah. Tinker Air Force Base is only 2.5 miles away and is the largest single site largest employer in Oklahoma
Key Investment Highlights:
Strong National Brands: Approximately 80% of the shopping center’s income is derived from national corporate tenants and 31% is investment grade
Strategic Location & Accessibility: The property’s is adjacent and between Interstate 40 (recently expanded to six lanes), and a Walmart Supercenter and Home Depo
Proven Tenant Performance: According to Placer.ai visit data, all tenants are performing exceptionally well, further validating the strength of this location (see pages 9-10).
Historically Strong Occupancy:This shopping center has a consistent history of high occupancy with little to no vacancy, demonstrating its enduring appeal to tenants.
Capital Improvements: New roofs and HVAC systems were recently installed, minimizing near-term capital expenditure. The property is in excellent overall condition and well maintained.
Efficient Management:All tenants contribute a 4% management fee, streamlining operational costs.
