Asking Price Contact for pricing
Sq. Footage 200,000
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1992

Property Description

STABLE & SECURE TENANCY • 100% Occupied with national credit worthy tenants • Weighted average historical occupancy of 11.9 Years • 58% of GLA has been at the property for over 8 Years • Low average rent of $10 PSF IMPRESSIVE TENANT SALES • Tenants who report sales have a combined 6.6% health ratio PREMIER RETAIL LOCATION • Tulsa’s 71st Street Retail Corridor boast a 94.5% occupancy rate, 10% rental rate growth since 2016 and a 30% rate premium over the Tulsa average • Adjacent to Woodland Hills Mall (#2 Mall in all of Oklahoma) EXCEPTIONAL DEMOGRAPHICS • Over $7.9 billion in spending power within a 5-mile radius. EXCLUSIVE TENANCY • Northern Tool – Only location in entire Tulsa MSA • Conn’s – Original Conn’s in Tulsa and 1 of 2 in Tulsa MSA • Boot Barn – 1 of 2 in Tulsa MSA • David’s Bridal – Only location in entire Tulsa MSA • JoAnn Fabrics – 1 or 2 in Tulsa MSA

Investment Highlights

Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp an Oklahoma licensed real estate broker, is pleased to exclusively offer Marketplace (the “Property”), a 186,851 square foot shopping center located in Tulsa, Oklahoma at the intersection of U.S. 64 and 71st Street near Woodland Hills Mall, Oklahoma’s second highest performing mall. The Property has historically been anchored by several national, credit worthy tenants, boasting exceptional sales due to the area’s strong demographics and broad, regional appeal. Marketplace offers investors a secure and stable asset in a premier location in one of Oklahoma’s largest MSA’s.
Barry Brown
Barry Brown
Senior Managing Director
Chris Gerard
Chris Gerard
Senior Managing Director
Licensed in
555711

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