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At Home - Oklahoma City, OK

Retail | 8.25% CAP | 141,639 SF

Listing Contacts

Active

Asking Price: $11,930,000
Address 

701 S MacArthur Blvd, Oklahoma City, OK 73128

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Date Added
Apr 3, 2025
Days on Market
77 days
Time Since Last Update
77 days

Details

Property TypeRetail
SubtypeStorefront, Big Box
Investment TypeNet Lease
Lease TypeAbsolute NNN
Tenant CreditCorporate Guarantee
TenancySingle
Brand/TenantAt Home
Lease Expiration11/30/2031
Remaining Term6.4 years
Square Footage141,639
Cap Rate8.25%
Occupancy100%
NOI$984,000
Year Built1995
Lot Size (acres)11.57
Rent Bumps14.27% Every 5 Years
Lease Options4 X 5-Year Options
IntelligenceINTELLIGENCE
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Marketing Description

Jones Lang LaSalle Americas, Inc.​ (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in the single-tenant At Home (the “Property” or “Asset”) located at 701 S.​ MacArthur Blvd in Oklahoma City, OK.​

The Property totals 141,639 SF and features ±6.7 years of lease term remaining with a corporate guaranty from At Home.​ The lease structure is an absolute NNN lease, offering investors long-term cash flow with no landlord expenses, and features four (4), five-year renewal options and 14.27% rent escalations every 5-years throughout the primary term & renewal options.​

The asset shadow-anchors Westgate Marketplace, Oklahoma's #2 most visited shopping center and a top 1% most visited shopping center in the U.​S.​ Adjacent to the asset is OKC Outlets, the #1 most visited Factory Outlets in OK.​ Together, these shopping centers generate more than 8.3 million visits annually (Placer.​ai).​

Investment Highlights

  • Absolute NNN lease with zero landlord responsibilities

  • Shadow anchors Westgate Marketplace, the #2 most visited shopping mall in OK

  • Along I-40 with exposure to 115,000 VPD

  • Adjacent to 3.0M annual-visitor OKC Outlets - #1 most visited factory outlets in OK

  • 56% of residents within a 1-mile radius have a Bachelor's Degree or higher

  • Oklahoma City is the #16 best place to live in the US in 2024-2025

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
> $984,000.00
$82,000.00/mo

Valuation Metrics

0
DSCR
8.25%
Cap Rate
8.25%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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