1810 N PERKINS RD Stillwater OK 74075-2992

CLICK HERE FOR FULL OFFERING MEMORANDUM: https://bit.ly/LakeviewPointe_Stillwater

• Lakeview Pointe Shopping Center is a 207,404-Square-Foot Power Center; 95% Occupied (2.3 Million Annual Visits, Placer.ai):

  • Ross Dress for Less (NASDAQ: ROST; S&P: BBB+)

    • Tenant at Lakeview Pointe Shopping Center since 2006 (19+ years)
      1,800+ stores nationwide

  • Best Buy (NYSE: BBY; S&P: BBB+)

    • Best Buy is in their ideal sized space and recently renewed their lease with a full rental increase

    • Tenant at Lakeview Pointe Shopping Center since 2010 (15+ years)

    • #100 Fortune 500 (2024)

    • 1,100+ stores nationwide

  • Belk

    • Long-term upside; Belk is on a ground lease and paying below market rent of $4.25 PSF; Belk just extended their lease early

• 8.00% Existing Cap Rate; 8.93% Proforma Cap Rate; 2.71% CAGR; 30.68% NOI Growth Over 10 Years

  • Priced far below replacement cost at $116 PSF

• Stable and Secure Investment with Long-Term Historical Occupancy and New Leasing Activity:

  • Fixed CAM reimbursements with favorable rental increases that create a profit center for landlord

  • 78% of the occupied square footage has been at the property for 15 years or more

  • Strong shop space leasing activity with three new leases signed in the last year

  • Strong shop space leasing activity

• Brand New Roofs Installed in 2024 - Transferable Warranties

• Situated Just 2 Miles North of Oklahoma State University (27,000 Students;14,000+ Employees)

• Excellent Accessibility and Visibility; High-Traffic Signalized Intersection Location of Perkins Road and Lakeview Road (33,400+ Cars Per Day)