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Shopping Strip

Bradford Plaza Shopping Center

523 N Main St, Stillwater, OK 74075

Listing Price: $13,967,000

Cap Rate
7.59%
Gross SF
93,755
Rentable SF
93,755
Price/Gross SF
$148.97
Lot Size
8.87 acres
Year Built
1999

Investment Overview

Bradford Plaza Shopping Center is a 93,755-square-foot, multi-tenant neighborhood shopping center located in Stillwater, Oklahoma. The center is 100 percent occupied, and 79 percent of the gross leasable area has triple-net leases. Anchored by TJ Maxx, Bradford Plaza Shopping Center enjoys a strong tenant base of national, regional and local tenants, including Game X Change, Sally Beauty Supply, Nothing Bundt Cakes, Beltone Hearing Aid Service, JOANN, ULTA Beauty, Old Navy, Shoe Sensation, Regional Finance Company, CATO, Orangetheory Fitness, Fired Up Nutrition, Fancy Nails, Los Aztecas Restaurant, and Just Wafflin. Constructed in 1999, the subject property is situated on approximately 8.87 acres with ample paved parking and a double-sided monument. Landlord reports a new roof was installed over the majority of building in 2024. Other recent property improvements include concrete repairs and landscaping upgrades.

Bradford Plaza Shopping Center is located near the signalized intersection of North Main Street and McElroy Road. The property is easily accessible from multiple ingress and egress points from both streets, with cumulative traffic counts of approximately 42,733 vehicles per day. The property is shadow-anchored by Homeland Grocery Store, and adjacent pad sites include a Homeland gas station/convenience store, IHOP, and 7-Eleven. Numerous other national and regional retailers are in close proximity, including McAlister's Deli, CVS, Starbucks, Chilis Grill & Bar, Chipotle, Braum's Ice Cream & Dairy Store, Harbor Freight Tools, EZPawn, Chick-fil-A, Journeys, Maurices, HomeGoods, Hobby Lobby, Walmart Supercenter, and many others. Bradford Plaza Shopping Center benefits from its close proximity to Oklahoma State University (OSU). OSU has a current enrollment of 26,800+ students and 5,500 personnel, and is the city's largest employer.

Investment Highlights

  • 93,755-Square-Foot, Multi-Tenant Neighborhood Shopping Center | Shadow-Anchored by Homeland Grocery Store
  • Prime Location One-Half Mile from Oklahoma State University | Student Enrollment Exceeding 26,800 People and the City's Largest Employer
  • 100% Occupied | 79% of the Gross Leasable Area has Triple-Net Leases
  • Strong Tenant Base Anchored by TJ Maxx | 60% of the GLA is Leased to Publicly Traded Companies
  • Landlord Reports a New Roof was Installed Over the Majority of the Building in May 2024 | Has a 20-Year Transferrable Warranty

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Shopping Strip

Bradford Plaza Shopping Center

Listing Price: $13,967,000

Cap Rate
7.59%
Gross SF
93,755
Rentable SF
93,755
Price/Gross SF
$148.97
Lot Size
8.87 acres
Year Built
1999

Investment Highlights

  • 93,755-Square-Foot, Multi-Tenant Neighborhood Shopping Center | Shadow-Anchored by Homeland Grocery Store
  • Prime Location One-Half Mile from Oklahoma State University | Student Enrollment Exceeding 26,800 People and the City's Largest Employer
  • 100% Occupied | 79% of the Gross Leasable Area has Triple-Net Leases
  • Strong Tenant Base Anchored by TJ Maxx | 60% of the GLA is Leased to Publicly Traded Companies
  • Landlord Reports a New Roof was Installed Over the Majority of the Building in May 2024 | Has a 20-Year Transferrable Warranty

Investment Overview

Bradford Plaza Shopping Center is a 93,755-square-foot, multi-tenant neighborhood shopping center located in Stillwater, Oklahoma. The center is 100 percent occupied, and 79 percent of the gross leasable area has triple-net leases. Anchored by TJ Maxx, Bradford Plaza Shopping Center enjoys a strong tenant base of national, regional and local tenants, including Game X Change, Sally Beauty Supply, Nothing Bundt Cakes, Beltone Hearing Aid Service, JOANN, ULTA Beauty, Old Navy, Shoe Sensation, Regional Finance Company, CATO, Orangetheory Fitness, Fired Up Nutrition, Fancy Nails, Los Aztecas Restaurant, and Just Wafflin. Constructed in 1999, the subject property is situated on approximately 8.87 acres with ample paved parking and a double-sided monument. Landlord reports a new roof was installed over the majority of building in 2024. Other recent property improvements include concrete repairs and landscaping upgrades. Bradford Plaza Shopping Center is located near the signalized intersection of North Main Street and McElroy Road. The property is easily accessible from multiple ingress and egress points from both streets, with cumulative traffic counts of approximately 42,733 vehicles per day. The property is shadow-anchored by Homeland Grocery Store, and adjacent pad sites include a Homeland gas station/convenience store, IHOP, and 7-Eleven. Numerous other national and regional retailers are in close proximity, including McAlister's Deli, CVS, Starbucks, Chilis Grill & Bar, Chipotle, Braum's Ice Cream & Dairy Store, Harbor Freight Tools, EZPawn, Chick-fil-A, Journeys, Maurices, HomeGoods, Hobby Lobby, Walmart Supercenter, and many others. Bradford Plaza Shopping Center benefits from its close proximity to Oklahoma State University (OSU). OSU has a current enrollment of 26,800+ students and 5,500 personnel, and is the city's largest employer.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

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