85% Occupied 137,786 SF Power Center Located in the Heart of Ardmore, OK
Value-Add Opportunity | Pro-Forma 8.90% Cap Through Leasing 2 Vacancies & Converting Hibbett to Paying Full Rent (See Page 7 for More Details)
Property Includes the Power Center Along with Three Pads Separately Parceled That Can Be Spun Off at Lower Cap Rates | 6 Tenant McAlister’s Drive-Thru Strip, Single Tenant RibCrib BBQ & Single Tenant Santa Fe Cattle Co.
Dynamic Mix of National & Regional Tenants | Over 74% Leased to Nationally Recognized Tenants & 60% of the GLA Has Been There for 10+ Years Demonstrating Long-Term Commitment to the Site
Offered at Only $154/SF
Ardmore Commons has a Competitive Advantage Over Nearby Shopping Centers due to the Immediate Access to I-35 & 1,200 Feet of Frontage on 12th Ave NW – the Main East/West Artery in Town
Ardmore is the Midway Point on I-35 Between Dallas & Oklahoma City – 2 Extremely High-Growth MSAs in the U.S.
National Retailers in the Immediate Area Include Lowe’s, Albertson’s, Academy Sports & Outdoors, Walmart Supercenter, Old Navy, Five Below, Burlington, PetSmart, Chick-Fil-A, Starbucks, Hobby Lobby, TJ Maxx, Ulta Beauty, JCPenney, Aaron’s, Planet Fitness, & Many More