We are pleased to present the opportunity to acquire a ±47,731 SF multi-tenant retail/industrial center situated on ±2.71 acres in Moore, Oklahoma.
The property is offered at $4,250,000, representing a current 8.81% cap rate with in-place income and a clear path to a pro-forma 11.79% cap rate through mark-to-market rent adjustments.
The asset is leased to a diversified tenant mix, primarily on short-term leases, creating immediate flexibility for a value-add investor. The significant gap between current rents and market rents provides a strong opportunity to increase NOI through lease renewals and restructuring.
With frontage along both SE 19th Street and S Broadway, the property benefits from strong visibility and access in one of Moore’s primary commercial corridors.