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3701-3815 N Harrison St
Shawnee, OK 74804
Harrison Place - Shawnee, OK · Commerce de détail Propriété À vendre


Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- 32k SF Strip Center Priced at Only $131.09/SF on Average Rents of $12.59/SF
- 2.86 Weighted Average Lease Term Provides Opportunity to Bring Aged Rents to Market and Convert Leases to NNN within a Short-Term Hold Period
- Flurry of New Retail Construction Just North of the Property, Including New to Market Retailers Like Domino C-Stores, Buffalo Wild Wings, and More
- Diversified Tenant Mix of Medical, Financial Services, and Food & Beverage Uses with Long-Term Tenancy and Historically High Renewal Probabilities
- Located Near the #1 Most Visited Walmart Supercenter and Lowe’s Stores in the Oklahoma City MSA
- Shawnee is the Pottawatomie County Seat, Home to Oklahoma Baptist University, and Headquarters for Three Native American Tribes
RÉSUMÉ DE L'ANNONCE
SHOP Companies is pleased to exclusively offer the opportunity to acquire Harrison Place in Shawnee, Oklahoma, a 100% occupied retail center, comprised of two buildings totaling 32,039 SF most notably featuring key tenants Fresenius Kidney Care, BancFirst Insurance Services, and the venerable Van’s Pig Stand, Oklahoma’s oldest barbeque restaurant continuously owned and operated by the same family (the “Property”). The two buildings are situated on 3.54 acres (MOL) and were built in 1995 and 1998. The rent roll features a 2.86-year weighted average lease term, with the Seller having historically prioritized high occupancy and low rents over lease term.
Shawnee serves as the county seat for Pottawatomie County and also headquarters for the Citizen Potawatomi Nation, the Absentee Shawnee and Kickapoo Tribes. The city also serves as a hub for medical services and higher education, home to SSM Health St. Anthony Hospital, a 61-bed short-term acute care hospital and Oklahoma Baptist University, a Christian liberal arts university offering nine bachelor's degrees and six master’s degree programs across 80 areas of study. Harrison Place is located on the east side of Harrison Street (OK Highway 18), one of the two Interstate 40 exits providing direct access to the city of Shawnee and its neighborhood retail trade area. Harrison Place is the most favorably positioned strip center south of Interstate 40, and the closest in proximity to Gordon Cooper Technology Center, a public career and technology education center serving around 1,000 full-time students and has over 17,000 short-term enrollments annually. Harrison Street north of the property has seen a recent flurry of new construction, with new users entering the market including Domino C-Stores, Buffalo Wild Wings, Taco Casa, Old School Bagel, Orthodontic Specialists of Oklahoma, and SSM Health Express Clinic.
The Harrison-to-Kickapoo I-40 retail corridor is the most dynamic of the broader Potawatomi County trade area, home to national big-box retailers including Walmart Supercenter, Lowe’s, Hobby Lobby, TJ Maxx, Kohl’s, and Ross Dress For Less. Harrison Street is the westbound exit providing access to the 2nd-most visited Walmart Supercenter in the state of Oklahoma, which ranks in the top 96th percentile of stores nationwide. The trade area is also home to the most visited Lowe’s store in the Oklahoma City MSA, ranking it 4th in the state and in the top 93rd percentile of stores nationwide, according to Placer.ai data.
Shawnee serves as the county seat for Pottawatomie County and also headquarters for the Citizen Potawatomi Nation, the Absentee Shawnee and Kickapoo Tribes. The city also serves as a hub for medical services and higher education, home to SSM Health St. Anthony Hospital, a 61-bed short-term acute care hospital and Oklahoma Baptist University, a Christian liberal arts university offering nine bachelor's degrees and six master’s degree programs across 80 areas of study. Harrison Place is located on the east side of Harrison Street (OK Highway 18), one of the two Interstate 40 exits providing direct access to the city of Shawnee and its neighborhood retail trade area. Harrison Place is the most favorably positioned strip center south of Interstate 40, and the closest in proximity to Gordon Cooper Technology Center, a public career and technology education center serving around 1,000 full-time students and has over 17,000 short-term enrollments annually. Harrison Street north of the property has seen a recent flurry of new construction, with new users entering the market including Domino C-Stores, Buffalo Wild Wings, Taco Casa, Old School Bagel, Orthodontic Specialists of Oklahoma, and SSM Health Express Clinic.
The Harrison-to-Kickapoo I-40 retail corridor is the most dynamic of the broader Potawatomi County trade area, home to national big-box retailers including Walmart Supercenter, Lowe’s, Hobby Lobby, TJ Maxx, Kohl’s, and Ross Dress For Less. Harrison Street is the westbound exit providing access to the 2nd-most visited Walmart Supercenter in the state of Oklahoma, which ranks in the top 96th percentile of stores nationwide. The trade area is also home to the most visited Lowe’s store in the Oklahoma City MSA, ranking it 4th in the state and in the top 93rd percentile of stores nationwide, according to Placer.ai data.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Taille du bâtiment
32 039 pi²
Classe d’immeuble
C
Année de construction
1995
Prix
5 784 702 $ CAD
Prix par pi²
180,55 $ CAD
Taux de capitalisation
8,78%
Revenu net d’exploitation
507 697 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,21
Taille du lot
3,54 AC
Stationnement
125 places (3,9 places par 1 000 pi² loué)
Façade
189’ sur Harrison St
COMMODITÉS
- Enseigne sur pylône
- Affichage
Impôts fonciers
| Numéro de lot | 000005010004001400 | Évaluation des bâtiments | 245 220 $ CAD |
| Évaluation du terrain | 4 190 $ CAD | Évaluation totale | 249 410 $ CAD |
Impôts fonciers
Numéro de lot
000005010004001400
Évaluation du terrain
4 190 $ CAD
Évaluation des bâtiments
245 220 $ CAD
Évaluation totale
249 410 $ CAD
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