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Regional Square 1120-1160 S Douglas Blvd 15,602 SF 73% Leased Retail Building Oklahoma City, OK 73130 For Sale
Investment Highlights
- direct frontage on S Douglas Blvd
- strong traffic counts
- Nicely maintained center
Executive Summary
Price Subject to Offers.
Regional Square is a neighborhood shopping center on Douglas Boulevard in Midwest City. The center is anchored by Smiling Faces Pediatric Dentistry on a long term lease running through 2041, backed by a stable roster of medical and service tenants on gross leases. Olsen Orthopedic, TFI Family Connections, and Cuts and Culture round out the occupied space, with a weighted average remaining lease term of more than five years.
Two vacant suites present a clear value-add opportunity. The former PT clinic space can be divided to suit smaller users, and a second retail-ready suite is available for immediate occupancy. Market demand from medical, service, and fitness tenants along the Douglas corridor supports near-term lease-up.
Regional Square is a neighborhood shopping center on Douglas Boulevard in Midwest City. The center is anchored by Smiling Faces Pediatric Dentistry on a long term lease running through 2041, backed by a stable roster of medical and service tenants on gross leases. Olsen Orthopedic, TFI Family Connections, and Cuts and Culture round out the occupied space, with a weighted average remaining lease term of more than five years.
Two vacant suites present a clear value-add opportunity. The former PT clinic space can be divided to suit smaller users, and a second retail-ready suite is available for immediate occupancy. Market demand from medical, service, and fitness tenants along the Douglas corridor supports near-term lease-up.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
15,602 SF
Building Class
B
Year Built
1984
NOI
$264,834 CAD
Percent Leased
73%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.37 AC
Zoning
C
Parking
68 Spaces (4.36 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Cuts and Culture
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
- Olsen Orthopedics
- Health Care and Social Assistance
-
99,999 SF
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Cuts and Culture | Retailer | - | - | Lorem Ipsum | Jan 0000 | |
| Olsen Orthopedics | Health Care and Social Assistance | 99,999 SF | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This space is centrally located. Offering 2,994 sf. For the right tenant, this space can be divided into 2 space - 1,497 sf each. Call for details
Call for details Ideal for medical, fitness, restaurant or service tenant. GENEROUS BUILDOUT ALLOWANCE AVAILABLE
| Space | Size | Space Use | Position | Available |
| 1124 | 2,994 SF | Retail | In-Line | Now |
| 1156 | 1,195 SF | Retail | In-Line | Now |
1124
| Size |
| 2,994 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1156
| Size |
| 1,195 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1124
| Size | 2,994 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This space is centrally located. Offering 2,994 sf. For the right tenant, this space can be divided into 2 space - 1,497 sf each. Call for details
1156
| Size | 1,195 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Call for details Ideal for medical, fitness, restaurant or service tenant. GENEROUS BUILDOUT ALLOWANCE AVAILABLE
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 156655570 | Improvements Assessment | $361,612 CAD |
| Land Assessment | $40,874 CAD | Total Assessment | $402,486 CAD |
Property Taxes
Parcel Number
156655570
Land Assessment
$40,874 CAD
Improvements Assessment
$361,612 CAD
Total Assessment
$402,486 CAD
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Regional Square | 1120-1160 S Douglas Blvd
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