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Almonte Shopping Center 2906-2962 SW 59th St

111,257 SF 68% Leased Retail Building Oklahoma City, OK 73119 $6,651,806 CAD ($60 CAD/SF) 10.83% Cap Rate

Retail Space Oklahoma Oklahoma City 2906-2962 SW 59th St, Oklahoma City, OK 73119

Investment Highlights

  • 111,257-square-foot retail property.
  • Opportunities to lease the remaining vacancies, which include a 30,000-square-foot box and several smaller shop spaces.
  • 67% Occupied
  • Offering significant upside potential.
  • There is potential to sell or ground lease the pad site and increase rents to market rates.

Executive Summary

Almonte Shopping Center is a 111,257-square-foot retail property located at the corner of SW 59th St and S May Ave in Oklahoma City, OK. Offering significant upside potential, the center is priced at a low $54 per square foot and presents opportunities to lease the remaining vacancies, which include a 30,000-square-foot box and several smaller shop spaces. Additionally, there is potential to sell or ground lease the pad site and increase rents to market rates.

Attachments

Almonte Shopping Center-OM

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
111,257 SF
Building Class
C
Year Built
1964
Price
$6,651,806 CAD
Price Per SF
$60 CAD
Cap Rate
10.83%
NOI
$720,391 CAD
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
12.31 AC
Parking
810 Spaces (7.28 Spaces per 1,000 SF Leased)
Frontage
1,000 ft on 59th

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2946
  • 5,856 SF
  • Retail
  • In-Line
  • Now

Cet espace est idéalement adjacent à Family Dollar, offrant une forte circulation piétonnière, un grand stationnement et un accès facile.

  • 2956
  • 30,107 SF
  • Retail
  • In-Line
  • Now

Situé à l'angle S/O de la 59th SW et de l'avenue SM May. • Autoroute I-44/Will-Roger Expressway idéalement située à 0,6 mille à l'ouest • Visibilité élevée • Espace livré dans une nouvelle boîte blanche Ce centre commercial communautaire de Southside a récemment été acheté par un nouveau groupe de propriétaires et est impatient d'accueillir de nouveaux locataires.

Space Size Space Use Position Available
2946 5,856 SF Retail In-Line Now
2956 30,107 SF Retail In-Line Now

2946

Size
5,856 SF
Space Use
Retail
Position
In-Line
Available
Now

2956

Size
30,107 SF
Space Use
Retail
Position
In-Line
Available
Now

2946

Size 5,856 SF
Space Use Retail
Position In-Line
Available Now

Cet espace est idéalement adjacent à Family Dollar, offrant une forte circulation piétonnière, un grand stationnement et un accès facile.

2956

Size 30,107 SF
Space Use Retail
Position In-Line
Available Now

Situé à l'angle S/O de la 59th SW et de l'avenue SM May. • Autoroute I-44/Will-Roger Expressway idéalement située à 0,6 mille à l'ouest • Visibilité élevée • Espace livré dans une nouvelle boîte blanche Ce centre commercial communautaire de Southside a récemment été acheté par un nouveau groupe de propriétaires et est impatient d'accueillir de nouveaux locataires.

Links

1 of 1

Nearby Major Retailers

Planet Fitness
Chase Bank
Waffle House
ALDI
Olive Garden Italian Kitchen
Outback Steakhouse

PROPERTY TAXES

Parcel Number 140831010 Improvements Assessment $98,955 CAD
Land Assessment $196,936 CAD Total Assessment $295,891 CAD

PROPERTY TAXES

Parcel Number
140831010
Land Assessment
$196,936 CAD
Improvements Assessment
$98,955 CAD
Total Assessment
$295,891 CAD
(405) 840-0600

Contacts

  • Listing ID: 34226683

  • Date on Market: 2024-12-17

  • Last Updated:

  • Address: 2906-2962 SW 59th St, Oklahoma City, OK 73119

The Retail Property at 2906-2962 SW 59th St, Oklahoma City, OK 73119 is currently available for sale. Contact NAI Sullivan Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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2906-2962 SW 59th St, Oklahoma City, OK for sale Building Photo- Image 1 of 2
Aerial of Almonte Shopping Center

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The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Almonte Shopping Center | 2906-2962 SW 59th St
(405) 840-0600 x

Almonte Shopping Center | 2906-2962 SW 59th St

1/3

Samuel Dunham

(405) 840-0600

(405) 840-0600

David Hartnack

(405) 761-8955

(405) 761-8955

Sam Swanson

(405) 208-2046

(405) 208-2046

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