sale brochure (new) - price edwards & company pl… · midland plaza consists of 53,973 square...

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PAUL RAVENCRAFT Retail Investment Broker [email protected] 405.239.1220 210 Park Ave, Suite 700, Oklahoma City, OK 73102 priceedwards.com PHILLIP MAZAHERI, CCIM Retail Investment Sales [email protected] 405.239.1221 210 Park Ave, Suite 700, Oklahoma City, OK 73102 priceedwards.com GEORGE WILLIAMS, CCIM Retail Broker [email protected] 405.239.1270 210 Park Ave, Suite 700, Oklahoma City, OK 73102 priceedwards.com OFFERING SUMMARY Sale Price: Subject To Offer NOI: $773,243 Occupancy: 94% Lot Size: 4.73 Acres Building Size: 53,973 Zoning: C-3 Market: Oklahoma City Submarket: North DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Total Households 5,789 41,693 106,795 Total Population 11,813 90,788 247,507 Average HH Income $57,504 $63,971 $58,770 PROPERTY OVERVIEW Midland Plaza consists of 53,973 square feet of retail situated on 4.73 acres of land. The Plaza is anchored by Conn's Appliances national guaranteed lease with Chipotle and Beverly's. The property consists of four buildings: Starbucks - Built in 2005 and renovated in 2016, Midland Plaza - Built in 1961 and renovated in 2003, Panera Bread built in 1999 and Schlotzsky's built in 1978 and renovated in 1997. Midland Plaza is 85% national tenant with the property being 94% occupied. PROPERTY HIGHLIGHTS 85% National Tenants Single Tenants Buildings: Starbucks, Panera Bread and Schlotzsky's North of Integris Hospital Located east of Lake Hefner Pkwy on N.W. Expressway MIDLAND PLAZA Executive Summary

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Page 1: Sale Brochure (NEW) - Price Edwards & Company Pl… · Midland Plaza consists of 53,973 square feet of retail situated on 4.73 acres of land. The Plaza is anchored by Conn's Appliances

PAUL RAVENCRAFT

Retail Investment [email protected]

405.239.1220

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

PHILLIP MAZAHERI, CCIM

Retail Investment [email protected]

405.239.1221

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

GEORGE WILLIAMS, CCIM

Retail [email protected]

405.239.1270

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

OFFERING SUMMARY

Sale Price: Subject To Offer

NOI: $773,243

Occupancy: 94%

Lot Size: 4.73 Acres

Building Size: 53,973

Zoning: C-3

Market: Oklahoma City

Submarket: North

DEMOGRAPHICS

1 MILE 3 MILES 5 MILES

Total Households 5,789 41,693 106,795

Total Population 11,813 90,788 247,507

Average HH Income $57,504 $63,971 $58,770

PROPERTY OVERVIEW

Midland Plaza consists of 53,973 square feet of retail situated on 4.73 acres of land.The Plaza is anchored by Conn's Appliances national guaranteed lease with Chipotleand Beverly's. The property consists of four buildings: Starbucks - Built in 2005 andrenovated in 2016, Midland Plaza - Built in 1961 and renovated in 2003, PaneraBread built in 1999 and Schlotzsky's built in 1978 and renovated in 1997. MidlandPlaza is 85% national tenant with the property being 94% occupied.

PROPERTY HIGHLIGHTS

• 85% National Tenants

• Single Tenants Buildings: Starbucks, Panera Bread and Schlotzsky's

• North of Integris Hospital

• Located east of Lake Hefner Pkwy on N.W. Expressway

MIDLAND PLAZAExecutive Summary

Page 2: Sale Brochure (NEW) - Price Edwards & Company Pl… · Midland Plaza consists of 53,973 square feet of retail situated on 4.73 acres of land. The Plaza is anchored by Conn's Appliances

PAUL RAVENCRAFT

Retail Investment [email protected]

405.239.1220

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

PHILLIP MAZAHERI, CCIM

Retail Investment [email protected]

405.239.1221

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

GEORGE WILLIAMS, CCIM

Retail [email protected]

405.239.1270

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

MIDLAND PLAZAAdditional Photos

Page 3: Sale Brochure (NEW) - Price Edwards & Company Pl… · Midland Plaza consists of 53,973 square feet of retail situated on 4.73 acres of land. The Plaza is anchored by Conn's Appliances

PAUL RAVENCRAFT

Retail Investment [email protected]

405.239.1220

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

PHILLIP MAZAHERI, CCIM

Retail Investment [email protected]

405.239.1221

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

GEORGE WILLIAMS, CCIM

Retail [email protected]

405.239.1270

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

MIDLAND PLAZALocation Maps

Page 4: Sale Brochure (NEW) - Price Edwards & Company Pl… · Midland Plaza consists of 53,973 square feet of retail situated on 4.73 acres of land. The Plaza is anchored by Conn's Appliances

PAUL RAVENCRAFT

Retail Investment [email protected]

405.239.1220

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

PHILLIP MAZAHERI, CCIM

Retail Investment [email protected]

405.239.1221

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

GEORGE WILLIAMS, CCIM

Retail [email protected]

405.239.1270

210 Park Ave, Suite 700, Oklahoma City, OK 73102

priceedwards.com

MIDLAND PLAZAAerial Map