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PAUL RAVENCRAFT
pravencraft@priceedwards.com
Office: 405.239.1220
Mobile: 405.226.5467
GEORGE WILLIAMS
gwilliams@priceedwards.com
Office: 405.239.1270
Mobile: 405.657.7800
Retail Property For Sale
Sale Price: $9,600,000
NOI: $1,000,836
CAP Rate 10.4%
Pad Site Price: $1,400,000
Pad Site SF: 63,340
Lot Size: 21.91 Acres
Year Built: 1989
Building Size: 219,307 SF
Market: Oklahoma Metro
Submarket: Shawnee
Property Overview
Tenant Diversity:
Shawnee Mall offers a thoughtfully diverse mix of tenants, combining well-known anchor stores like Dillard’s, JCPenney, and Kohl’s with a variety of other retailers and services. From the ever-popular Bath & Body Works to the trendy Claire’s and dependable Ross, Shawnee Mall caters to a broad range of shopping preferences.
Investment Opportunity:
Shawnee Mall presents a unique investment opportunity for those seeking a revenue-generating asset. With stable anchor tenants, a diverse tenant mix, and an available building size of 219,307 square feet, it stands as an attractive addition to any investment portfolio.
Market Strength:
Shawnee, Oklahoma, continues to experience steady growth and economic development, making it an appealing market for retail investments. Favorable demographics and a robust consumer base contribute to the region’s strong potential for retail success.
Entertainment and Dining:
Shawnee Mall offers more than just shopping. Visitors can delight in the latest movies at the highly-regarded Golden Ticket Theater and savor delectable dishes at on-site restaurants like Buffalo Wild Wings and Santa Fe Cattle Company.
Offering Details:
This opportunity allows prospective investors to acquire Shawnee Mall, a thriving retail property with established anchors and a diverse tenant mix. With its strategic location and available building size of 219,307 square feet, Shawnee Mall is undeniably poised for exceptional success in the Oklahoma market.
Location Overview
Shawnee Mall is strategically nestled in Shawnee, Oklahoma, just off the intersection of I-40 and Kickapoo Street. It proudly draws over 2.5 million annual visitors, solidifying its position as a central shopping destination for both locals and travelers. The property’s high visibility, accessibility, and substantial consumer base contribute to its well-deserved prominence as a retail hub in the region.