Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1992
Building Area
Occupancy 100.0 %

Property Description

STABLE & SECURE TENANCY • 100% Occupied with national credit worthy tenants • Weighted average historical occupancy of 11.9 Years • 58% of GLA has been at the property for over 8 Years • Low average rent of $10 PSF IMPRESSIVE TENANT SALES • Tenants who report sales have a combined 6.6% health ratio PREMIER RETAIL LOCATION • Tulsa’s 71st Street Retail Corridor boast a 94.5% occupancy rate, 10% rental rate growth since 2016 and a 30% rate premium over the Tulsa average • Adjacent to Woodland Hills Mall (#2 Mall in all of Oklahoma) EXCEPTIONAL DEMOGRAPHICS • Over $7.9 billion in spending power within a 5-mile radius. EXCLUSIVE TENANCY • Northern Tool – Only location in entire Tulsa MSA • Conn’s – Original Conn’s in Tulsa and 1 of 2 in Tulsa MSA • Boot Barn – 1 of 2 in Tulsa MSA • David’s Bridal – Only location in entire Tulsa MSA • JoAnn Fabrics – 1 or 2 in Tulsa MSA

Investment Highlights

  • Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp an Oklahoma licensed real estate broker, is pleased to exclusively offer Marketplace (the “Property”), a 186,851 square foot shopping center located in Tulsa, Oklahoma at the intersection of U.S. 64 and 71st Street near Woodland Hills Mall, Oklahoma’s second highest performing mall. The Property has historically been anchored by several national, credit worthy tenants, boasting exceptional sales due to the area’s strong demographics and broad, regional appeal. Marketplace offers investors a secure and stable asset in a premier location in one
  • of Oklahoma’s largest MSA’s.
Barry Brown
Barry Brown
Senior Managing Director, Retail Platform Leader
License details
AL-000066272-0 CO-EA.100005864 MS-B17703 OK-140058 TX-0267878
Chris Gerard
Chris Gerard
Senior Managing Director, Capital Markets
License details
TX-555711

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