1855 12th Ave NW - Supermarket FOR SALE


Ardmore, OK 73401
$17,008,691 USD
512-630-9758
1855 12th Ave NW, Ardmore, OK for Sale
$17,008,691 USD
Supermarket - FOR SALE
1/3
null | 5.35% Cap Rate

1855 12th Ave NW
Ardmore, OK 73401


HIGHLIGHTS

  • Brand-New Construction – 50,751 SF Albertsons grocery store built in 2025.
  • Long-Term, Corporate-Guaranteed Lease – 20-year NNN lease with Albertsons, LLC, minimizing landlord responsibilities.
  • Strong Rental Increases – 5% rent escalations every five years provide built-in income growth.
  • Prime Retail Location – Situated in Ardmore’s dominant retail corridor, surrounded by major national retailers.
  • Heavy Consumer Traffic – Located near The Shops at Ardmore, a 230,470 SF shopping center that is 91% occupied, with 82% national tenants.
  • Booming Trade Area – Over $800 million in annual retail sales, reinforcing the market’s strength.

OVERVIEW

Located at 1855 12th Ave NW in Ardmore, OK, this brand-new, 50,751-square-foot Albertsons presents an outstanding opportunity for investors seeking a long-term, stable income stream. Offered at $18,199,309 with a 5.00% cap rate, this property features a corporate-guaranteed, 20-year NNN lease, ensuring minimal landlord responsibilities and secure returns. With 5% rent escalations every five years, investors can benefit from steady income growth over the duration of the lease. This Albertsons is strategically positioned in Ardmore’s primary retail corridor, benefiting from high traffic counts and strong consumer demand. The property is part of a thriving commercial district that includes The Shops at Ardmore, a 230,470-square-foot retail center that is 91% occupied, with 82% of tenants being nationally recognized brands. The surrounding retail landscape features an impressive lineup of major national retailers, including Walmart Supercenter, Lowe’s, Hobby Lobby, and Tractor Supply Co., as well as popular restaurant chains like Starbucks, McDonald’s, Domino’s, and Taco Bell. These co-tenants drive consistent consumer traffic to the area, reinforcing the location’s strength as a dominant shopping destination. Ardmore itself is a rapidly growing market, strategically located along Interstate 35, midway between Dallas and Oklahoma City. This regional hub boasts a trade area population of 350,351 residents and generates over $800 million in annual retail sales, making it one of the most significant commercial centers in the region. The local economy is supported by a diverse mix of industries, strong employment opportunities, and an affordable cost of living. Demographic trends indicate steady growth, with the 10-mile population projected to reach nearly 40,000 residents by 2028. Additionally, the area’s affluent consumer base features an average household income ranging from $62,000 to $68,000, further enhancing its retail spending potential. With its corporate-backed lease, prime location, and strong market fundamentals, this Albertsons represents an exceptional investment opportunity in a thriving retail corridor. Investors seeking long-term stability, built-in rental growth, and minimal management responsibilities will find this asset to be a highly attractive addition to their portfolio.

FOR SALE DETAILS

PRICE

$17,008,691 USD

PRICE/SF

$335 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.8 AC

LAND SF

252,635 SF

ZONING

-

APN/PARCEL ID

0778-00-000-007-0-001-00 01

ASK ABOUT THIS PROPERTY

Klinton LewisEmbree Capital Markets GroupMore Info
512-630-9758

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Klinton LewisEmbree Capital Markets GroupMore Info
512-630-9758

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