Bradford Plaza Shopping Center | 505-619 N Main St
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Bradford Plaza Shopping Center 505-619 N Main St
93,755 SF 100% Leased Retail Building Stillwater, OK 74075 $19,797,803 CAD ($211 CAD/SF) 7.59% Cap Rate
Investment Highlights
- 93,755-Square-Foot, Multi-Tenant Neighborhood Shopping Center | Shadow-Anchored by Homeland Grocery Store
- 100% Occupied | 79% of the Gross Leasable Area has Triple-Net Leases
- Prime Location One-Half Mile from Oklahoma State University | Student Enrollment Exceeding 26,800 People and the City's Largest Employer
- Bradford Plaza Tenants Drive Approximately 1.2 Million Visits Annually (Source: Placer Labs Inc.)
Executive Summary
Bradford Plaza Shopping Center is a 93,755-square-foot, multi-tenant neighborhood shopping center located in Stillwater, Oklahoma. The center is 100 percent occupied, and 79 percent of the gross leasable area has triple-net leases. Anchored by TJ Maxx, Bradford Plaza Shopping Center enjoys a strong tenant base of national, regional and local tenants, including Game X Change, Sally Beauty Supply, Nothing Bundt Cakes, Beltone Hearing Aid Service, JOANN, ULTA Beauty, Old Navy, Shoe Sensation, Regional Finance Company, CATO, Orangetheory Fitness, Fired Up Nutrition, Fancy Nails, Los Aztecas Restaurant, and Just Wafflin. Constructed in 1999, the subject property is situated on approximately 8.87 acres with ample paved parking and a double-sided monument. Landlord reports a new roof was installed over the majority of building in 2024. Other recent property improvements include concrete repairs and landscaping upgrades.
Bradford Plaza Shopping Center is a 93,755-square-foot, multi-tenant neighborhood shopping center located in Stillwater, Oklahoma. The center is 100 percent occupied, and 79 percent of the gross leasable area has triple-net leases. Anchored by TJ Maxx, Bradford Plaza Shopping Center enjoys a strong tenant base of national, regional and local tenants, including Game X Change, Sally Beauty Supply, Nothing Bundt Cakes, Beltone Hearing Aid Service, JOANN, ULTA Beauty, Old Navy, Shoe Sensation, Regional Finance Company, CATO, Orangetheory Fitness, Fired Up Nutrition, Fancy Nails, Los Aztecas Restaurant, and Just Wafflin. Constructed in 1999, the subject property is situated on approximately 8.87 acres with ample paved parking and a double-sided monument. Landlord reports a new roof was installed over the majority of building in 2024. Other recent property improvements include concrete repairs and landscaping upgrades.
Bradford Plaza Shopping Center is a 93,755-square-foot, multi-tenant neighborhood shopping center located in Stillwater, Oklahoma. The center is 100 percent occupied, and 79 percent of the gross leasable area has triple-net leases. Anchored by TJ Maxx, Bradford Plaza Shopping Center enjoys a strong tenant base of national, regional and local tenants, including Game X Change, Sally Beauty Supply, Nothing Bundt Cakes, Beltone Hearing Aid Service, JOANN, ULTA Beauty, Old Navy, Shoe Sensation, Regional Finance Company, CATO, Orangetheory Fitness, Fired Up Nutrition, Fancy Nails, Los Aztecas Restaurant, and Just Wafflin. Constructed in 1999, the subject property is situated on approximately 8.87 acres with ample paved parking and a double-sided monument. Landlord reports a new roof was installed over the majority of building in 2024. Other recent property improvements include concrete repairs and landscaping upgrades.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
93,755 SF
Building Class
B
Year Built
1999
Price
$19,797,803 CAD
Price Per SF
$211 CAD
Cap Rate
7.59%
NOI
$1,502,537 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Land Acres
8.87 AC
Zoning
CR - CR
Parking
279 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
715 ft on N Main St
Walk Score ®
Very Walkable (72)
Bike Score ®
Biker's Paradise (94)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 600055408 | Improvements Assessment | $1,011,252 CAD |
Land Assessment | $77,474 CAD | Total Assessment | $1,088,725 CAD |
PROPERTY TAXES
Parcel Number
600055408
Land Assessment
$77,474 CAD
Improvements Assessment
$1,011,252 CAD
Total Assessment
$1,088,725 CAD
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Bradford Plaza Shopping Center | 505-619 N Main St
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