HMX Realty Advisors exclusively presents for sale a well-established, five-tenant shopping center strategically located at the highly visible on and off ramps of Interstate 40, benefiting from a traffic 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 and top performing Home Depot. Academy Sports, Hobby Lobby, Burlington Coat Factory, Chick-fil-A, Wendy’s, Olive Garden, Murphy USA, and Mo’ Bettah are all nearby. Tinker Air Force Base is only 2.5 miles away and is the largest single site largest employer in Oklahoma with a payroll of 1.9 billion.
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.