OKC Outlets_Property for Sale
OKC Outlets_Property for Sale
7624 West Reno Avenue, Oklahoma City, OK, 73128, US

OKC Outlets

Asset Description

Jones Lang LaSalle ("JLL") is pleased to exclusively offer the OKC Outlets (the "Property"), a 91% leased, 394,340 square foot, high-performing open-air regional outlet center in Oklahoma City, OK. Covering a 230+ mile trade area, the Property draws a consumer base from four bordering states and achieves over $140mm in annual sales. With over 3.2 million visits per year, OKC Outlets ranks in the top 12% of the most trafficked shopping centers in the United States. With a 6.2%+ 5-year CAGR and an average occupancy cost of 7.9%, OKC Outlets offers investors the opportunity to push rental rates with in-place rents 29% below market and continue elevating the tenant mix with a blend of outlet and traditional retailers.

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Attributes

Building area net
36,635 m²
Occupancy
91%
Year built
2011
Year renovated
2013
WALT
2.7 years

Media

Investment Highlights

  • Premier Open-Air Shopping Destination
  • $140+ Million in Annual Commerce
  • Multi-State Drawing Power
  • 3.2M Visits Annually
  • Diverse & Loyal Tenancy
OKC Outlets 4_Property for Sale
OKC Outlets 4_Property for Sale

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OKC Outlets (0 Properties)

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Last updated
16 Sep 2024