Ranch Acres Shopping Center (Walmart Grocery Anchored)
Walmart Ground Lease Included
Marketing description
Newmark Retail Capital Markets is pleased to present the opportunity to acquire Ranch Acres Shopping Center, a 100% leased Walmart anchored center. This 88,023 square foot center is located in a dense infill area in Tulsa, OK. Ranch Acres Shopping Center is situated on the southeast corner of Harvard Ave and 31st St, exposing the property to over 27,000 vehicles on a daily basis. On a hard corner with a lighted intersection, the shopping center shares the corner with a variety of other tenants including Wendy’s, Bank of Oklahoma, and Walgreens. The eight tenants of Ranch Acres Shopping Center are a mix of national and local offering a variety of services. Located only fifteen minutes southwest of the Tulsa International Airport, this property provides a buyer the opportunity to purchase a stable asset in a well-populated area of Tulsa, OK.
Investment highlights
Walmart Ground Lease and Restaurant Pad Included
Hard Corner, Signalized Intersection
Low Rental Rates with High Upside Potential
Low Price Per Square Foot
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