Capitalize on the strong demographics and high traffic of Northwest Oklahoma City by acquiring this thriving shopping center. Presented for sale by Phillip Mazaheri, CCIM at Price Edwards.
Quailbrook Plaza is an 88,538-square-foot property comprising 20 units with a gross income of more than $1.5 million. It is currently 87.5% occupied with a strong tenant mix of food and beverage, retail, service, and medical users, leaving ample potential for value-add initiatives while taking in immediate income. Quailbrook Plaza is situated on a 10.47-acre lot with unique Mediterranean-inspired architecture and pylon signage that deliver a standout presence in this high-traffic locale.
Located at 4401 W Memorial Road, along Kilpatrick Turnpike/Interstate 344, this is one of the most prominent and accessible addresses in Northwest Oklahoma City. Surrounding destinations such as the Gaillardia Country Club, Martin Park, Integris, Oklahoma Heart Hospital, Panera, Organic Squeeze, Residence Inn by Marriott, and more significantly elevate the daytime population in the vicinity. Quailbrook Plaza also has close ties to Mercy Hospital, which is opposite the freeway. The renowned healthcare provider has leased much of the center since 1999, with long-term in-place agreements. Demographic estimates provide an optimistic outlook on value appreciation. The population within a 15-minute drive is projected to increase by 4.33% within the next five years, far outpacing the national average growth rate, and many of these residents tend to be quite affluent. With a strategic position along the Memorial corridor, host to placemaking hubs like Chisholm Creek and Quail Springs Mall, the tenant desirability for space here is virtually guaranteed, making Quailbrook Plaza a premier opportunity to gain a foothold in this sought-after market.