Retail

Memorial Square

13700 N Pennsylvania Ave, Oklahoma City, OK, 73134-6030, US

Memorial Square_Property for Sale

Gallery

Memorial Square 2_Property for Sale

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer qualified investors the opportunity to acquire Memorial Square (the “Property”), a 93% leased, 123,557 square foot, SuperTarget shadow-anchored shopping center. Strategically located along the heavily traveled intersection of John Kilpatrick Turnpike and Lake Hefner Parkway (48,600 VPD), in Oklahoma City, Oklahoma, the Property boasts a dedicated base of nationally recognized tenants, including Marshall’s, DSW, Party City, David’s Bridal, Carter’s, and Oshkosh. Memorial Square provides investors with the unique investment opportunity, with the ability to create additional value through lease-up of the property while harvesting the location’s booming suburban growth and household formation.

Attributes

Building area Gross
123,557 sf
Occupancy
93.00%
Year built
2005
Land area Gross
14.52 acres (632,491 sf)

Investment highlights

  • Top 7% of Shopping Centers Nationally
  • Grocery Integrated Center
  • Mark-to-Market Opportunity
  • 93% Occupancy Allows for Lease Up Opportunity
  • Defensive Tenancy
  • Robust Demographics

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Last updated
Mar 9, 2023