For Sale

Download Flyer

Retail Space Now Available - SW/c of I-240 and S Walker

Location

Asking Price $3,424,000     NOI: $273,930     CAP Rate: 8%     Building Size: 15,882 SF     Year Built: 2006

Property Overview
Townesouth Plaza is a neighborhood center with Heartland Dental as its anchor tenant and three shadow anchored stores; On The Border, Chuck E. Cheese, and Holiday Inn. The center contains approximately 15,882 square feet of rentable retail space in one single level structure. All leases are NNN with all expenses pass-through to the tenants. The center is made up of concrete masonry with stucco veneer facades.
 
Location Overview
Townesouth is located on the south west corner Interstate 240 and Walker in Oklahoma City. The center has a strong income stream with a new ten year base term lease with Heartland Dental, which has about 7 years remaining. Hair Rage is locally who owns over 8 salons in OKC metro, with around 6 years remaining on both lease terms. Sams Optical and Dr. Wolf, both with great credit, have continued to renew. The Townesouth development recently had Holiday Inn Express built. With the pad site next to Chuck E. Cheese being purchased recently by a major hotel developer, construction on a five story La Quinta should begin soon.

Property Info

Title: Retail Space Now Available - SW/c of I-240 and S Walker
Property Name: Towne South Center
Type: Retail For Sale
Address: SW/c of I-240 and S Walker
City: Oklahoma City
State: Oklahoma
Zip: 73159
Sub-Market: Southwest
Sq. Feet: 15,882
Acres: 2.18
Price: $3,424,000
Flyer/Floor Plan: Download
Website: Visit Website
Floors: 1
Year Built: 2006
Cap Rate: 8%
Net Operating Income: $273,930

More Information

Javascript is required to view this map.

Price Edwards & Company is proud to be the leader in Oklahoma commercial real estate. We are a full service firm headquartered in Oklahoma City. Formed in 1988. We employ approximately 150 professionals in Oklahoma City, Oklahoma providing a wide range of commercial real estate services.