Property Description
HMX Realty Advisors exclusively presents for saleawell-established, five-tenant shopping center strategically located at the highly visible on and offramps of Interstate 40, benefiting from atraffic count of 82,000 vehicles per day. The property is on SE 15thStreet, a major retail corridor with easy access to a significant collection of national retailers, including a top-performing Walmart Supercenter andtop performing HomeDepot. Academy Sports, Hobby Lobby, Burlington Coat Factory, Chick-fil-A, Wendy’s, Olive Gargen, Murphy USA, and Mo’ Bettah.
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 Depot
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.
