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29235339
29235340

13801 N Western Ave, Edmond, OK 73013

JP
TX 424317-B
STRIVE Commercial Real Estate Advisors
HB
TX TX 817402
STRIVE Commercial Real Estate Advisors
Listed by STRIVE Commercial Real Estate Advisors
$2,900,000
141 days on market
Updated 31 days ago

Hibernian Plaza

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 12,400
Net Rentable (SqFt) 12,400
Cap Rate 8%
NOI $231,984
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $234
Year Built 2005
Acreage 1.670

Hibernian Plaza | 8% Cap | Edmond, OK

Investment highlights

• 100% Occupied Retail Center Located in Edmond, One of Oklahoma’s Most Desirable & Affluent Cities

• Mid-to-Long Term NNN Leases | Minimal Landlord Responsibilities | Ensures Predictable Income for Investor

• Attractive 8% Cap Rate | Provides an Immediate Above Market Yield

• Great Demographics | Average Household Income Exceeds$105,000 Within a 1-Mile Radius

• Healthy Average Rent of $18.25/SF | Potential for Future Rent Growth in High-Demand Corridor

• Great Frontage on N Western Ave & Less Than a Quarter Mile Off of John Kilpatrick Turnpike | Visible to Over 76,000 VPD

• 1-Mile from the Quail Springs Mall with Surrounding Retailers Including Costco, Cabela’s, Target, Best Buy, Lowe’s, Home Depot, Walmart Supercenter, Hobby Lobby, Top Golf, Chick Fil A, Starbucks, & Many More

Listing Contacts

JP
TX 424317-B
STRIVE Commercial Real Estate Advisors
HB
TX TX 817402
STRIVE Commercial Real Estate Advisors
Listed by STRIVE Commercial Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$231,984.00
$19,332.00/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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