University Plaza Shopping Center
Retail | 7.50% CAP | 9,200 SqFt
Marketing description
Newmark Robinson Park is pleased to offer the opportunity to acquire University Plaza, a 9,200-square-foot retail center located at 1630 NW 23rd Street in Oklahoma City, Oklahoma. Built in 2007, the property is anchored by Jersey Mike's and a combination Pizza Hut / WingStreet.
Jersey Mike's Subs is a leading fast-casual sandwich chain founded in 1956 in New Jersey, with more than 3,000 locations across the United States and Canada. Pizza Hut / WingStreet is a globally recognized quick-service restaurant brand founded in 1958 and operating within Yum! Brands, with more than 19,000 restaurants worldwide and an expanded menu platform that includes WingStreet branded wings.
The property is positioned along NW 23rd Street near Oklahoma City University, one of Oklahoma City's strongest urban retail corridors, benefiting from dense surrounding population, destination appeal, and a highly desirable central infill location. The corridor is part of the Uptown 23rd District, a historic Route 66 commercial corridor extending from Broadway to Pennsylvania and Oklahoma City University and is widely recognized as one of the city's premier business and entertainment districts.
Investment highlights
- Anchored by Jersey Mike's and Pizza Hut / WingStreet
- Built in 2007
- 9,200-square-foot retail center
- 100% leased
- Positioned along NW 23rd Street near Oklahoma City University
- One of Oklahoma City's strongest urban retail corridors
- Part of the Uptown 23rd District, a historic Route 66 commercial corridor
- Highly desirable central infill location
- 15,600 vehicles per day on NW 23rd St.
- $105,153 average household income (1-mi radius)
- 89,959 population (3-mi radius)
- 147,206 daytime employees (3-mi radius)
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