SOLD - Crossroads Mall - Plaza Mayor
Oklahoma City, Oklahoma 73149
The entire developed mall is a two-story retail mall containing approximately 941,745 square feet of leasable area. The main mall has approximately 383,784 square feet of common area and small tenant spaces. In addition to the main mall, there are four anchor spaces consisting of approximately 701,904 square feet. Two of the anchor spaces (former Dillard’s and JC Penney) contain approximately 392,896 square feet. Two of the anchor spaces (Macy’s and Santa Fe South High School) are separately owned and contain approximately 309,008 square feet, and are not included in this offering. The mall is surrounded by a ring road which contains six buildings included in the existing ownership. Three of the six buildings are under long term ground leases and three buildings are owned fee simple. The three ground leased properties include two Marriott hotels and a Texas Roadhouse restaurant. A 64,440 square foot theatre was developed by the mall ownership in 1998 for AMC Theatres with a lease in place until 2019. Both the former Steve & Barry’s and JC Penney buildings have two separate buildings which were used as automotive facilities and contain approximately 36,390 square feet. The subject land area is 60.45 acres.