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31585397
31585398

500 W I-240 Service Road, Oklahoma City, OK 73139

Price Edwards & Company Oklahoma City
Price Edwards & Company Oklahoma City
Listed by Price Edwards & Company Oklahoma City
$3,600,000
57 days on market
Updated 57 days ago

Towne South Plaza

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 17,080
Cap Rate 7.59%
NOI $273,354
Price per SqFt $211
Lot Size (SqFt) 36,346

Retail | 7.59% CAP | 17,080 SqFt

Marketing description

Towne South Plaza is a neighborhood center with Sam's Optical, Hair Rage, and Bella Style as its major tenants. Other tenants in the same development, but not included, are Chuck E. Cheese and Holiday Inn. The center contains approximately 17,080 square feet of rentable retail space in one single-level structure. A 3,100 SF suite with existing dental build-out is currently available, reducing upfit costs for medical, dental, or similar users. With direct interstate visibility off I-240 and over 100,000 vehicles per day on the corridor, the property sits in one of south Oklahoma City's strongest retail nodes.

Investment highlights

Direct I-240 visibility and access

100,000+ VPD on I-240

3,100 SF available with dental build-out in place

Part of a larger retail and hospitality development

Listing Contacts

Price Edwards & Company Oklahoma City
Price Edwards & Company Oklahoma City
Listed by Price Edwards & Company Oklahoma City

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$273,354.00
$22,779.50/mo

Valuation Metrics

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DSCR
7.59%
Cap Rate
7.59%
ROI

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