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1655-1665 12th Ave NW
Ardmore, OK 73401

$5,390,000 USD

Freestanding For Sale  •  9,447 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 21,947 SF
  • Lot Size 2.94 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.75 %
  • Tenancy Multiple
0 Transit Score
36 Walk Score

Highlights

New Build-to-Suit Development
New 10-Year Corporate Leases
10% Rent Increases Every 5-Years
NNN Leases (Landlord Responsible for Roof & Structure)
Attractive Adjacent Tenants (Academy, Albertsons, Burkes Outlet, Burlington, PetSmart)
$62,000+ 1-Mile Average Household Income

Property Flyers

Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Five Below 9,447 SF 10/26/2034
Old Navy 12,500 SF 6/30/2034

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Ardmore Amtrak Station (Heartland Flyer - Amtrak) 5 min - 2.6 mi
Klinton Lewis 512-819-4729 Embree Capital Markets Group
Klinton Lewis 512-819-4729 Embree Capital Markets Group