1855 12th Ave NW 50,751 SF 100% Leased 4-Star Retail Building Ardmore, OK 73401 $23,251,732 CAD ($458.15 CAD/SF) 5.35% Cap Rate

Located at 1855 12th Ave NW in Ardmore, OK, this brand-new, 50,751-square-foot Albertsons presents an outstanding opportunity for investors seeking a long-term, stable income stream. Offered at $18,199,309 with a 5.00% cap rate, this property features a corporate-guaranteed, 20-year NNN lease, ensuring minimal landlord responsibilities and secure returns. With 5% rent escalations every five years, investors can benefit from steady income growth over the duration of the lease.
This Albertsons is strategically positioned in Ardmore’s primary retail corridor, benefiting from high traffic counts and strong consumer demand. The property is part of a thriving commercial district that includes The Shops at Ardmore, a 230,470-square-foot retail center that is 91% occupied, with 82% of tenants being nationally recognized brands. The surrounding retail landscape features an impressive lineup of major national retailers, including Walmart Supercenter, Lowe’s, Hobby Lobby, and Tractor Supply Co., as well as popular restaurant chains like Starbucks, McDonald’s, Domino’s, and Taco Bell. These co-tenants drive consistent consumer traffic to the area, reinforcing the location’s strength as a dominant shopping destination.
Ardmore itself is a rapidly growing market, strategically located along Interstate 35, midway between Dallas and Oklahoma City. This regional hub boasts a trade area population of 350,351 residents and generates over $800 million in annual retail sales, making it one of the most significant commercial centers in the region. The local economy is supported by a diverse mix of industries, strong employment opportunities, and an affordable cost of living. Demographic trends indicate steady growth, with the 10-mile population projected to reach nearly 40,000 residents by 2028. Additionally, the area’s affluent consumer base features an average household income ranging from $62,000 to $68,000, further enhancing its retail spending potential.
With its corporate-backed lease, prime location, and strong market fundamentals, this Albertsons represents an exceptional investment opportunity in a thriving retail corridor. Investors seeking long-term stability, built-in rental growth, and minimal management responsibilities will find this asset to be a highly attractive addition to their portfolio.