Marcus & Millichap is pleased to offer the opportunity to acquire a 49,700-square-foot, two-tenant retail center located in Moore, Oklahoma. The center is 100 percent leased with triple-net leases, and both tenants have scheduled rent increases in the initial term along with multiple renewal options. Tenants consist of Painted Tree Boutiques and Kids Empire indoor playground. Constructed in 2013, the property is situated on a 3.81 acre parcel with ample paved parking.
Moore Shopping Center is strategically located near the signalized intersection of Southwest 19th Street and South Telephone Road. The property is easily accessible from multiple ingress and egress points from both streets, with cumulative traffic counts of approximately 35,110 vehicles per day. Shadow-anchored by The Home Depot, numerous other national and regional retailers are nearby, including Target, Dick’s Sporting Goods, Burlington, Chick-fil-A, Costco, Panera Bread, Qdoba Mexican Eats, LensCrafters, Chipotle, WinCo Foods, Goodwill, Gold’s Gym, At Home, Take 5 Oil Change, Walmart Supercenter, Tractor Supply Co., Best Buy, Hobby Lobby, pOpshelf, JCPenney, Five Below, Old Navy, PetSmart and many others. The property is strategically located to serve an extremely dense residential population exceeding 133,620 residents within five miles and a average household income exceeding $87,849.
- 49,700-Square-Foot, Two-Tenant Retail Center
- Shadow-Anchored by The Home Depot | Strong Traffic Driver, Hosting Approximately 714,000 Visitors Annually (Source: Placer.ai)
- 100% Leased to Painted Tree Boutiques and Kids Empire | Painted Tree Boutiques has Over 55 Locations and Kids Empire has over 100 Locations Across the Country
- Both Leases are on New 10-Year, Triple-Net Terms and Include Scheduled Rent Increases
- Priced at $186 Per Square Foot | Below Replacement Cost
- Located in a Prime Retail Corridor Near the Signalized Intersection of Southwest 19th Street and South Telephone Road | Cumulative Traffic Counts Exceed 37,815 Vehicles per Day
- Close Proximity to National and Regional Retailers Including Target, Dick’s Sporting Goods, Burlington, Chick-fil-A, Costco, Panera Bread, WinCo Foods, Goodwill, Gold’s Gym, At Home, and More
- Densely Populated with Approximately 133,620 Residents within Five Miles of the Property
- The City of Moore is Centrally Located South of Oklahoma City and North of Norman | Within 20 Minutes from Will Rogers International Airport, Tinker Air Force Base, the University of Oklahoma, and Downtown Oklahoma City
