Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a 49,700-square-foot, two-tenant retail center located in Moore, Oklahoma. The center is 100 percent leased with triple-net leases, and both tenants have scheduled rent increases in the initial term along with multiple renewal options. Tenants consist of Painted Tree Boutiques and Kids Empire indoor playground. Constructed in 2013, the property is situated on a 3.81 acre parcel with ample paved parking. Moore Shopping Center is strategically located near the signalized intersection of Southwest 19th Street and South Telephone Road. The property is easily accessible from multiple ingress and egress points from both streets, with cumulative traffic counts of approximately 35,110 vehicles per day. Shadow-anchored by The Home Depot, numerous other national and regional retailers are nearby, including Target, Dick's Sporting Goods, Burlington, Chick-fil-A, Costco, Panera Bread, Qdoba Mexican Eats, LensCrafters, Chipotle, WinCo Foods, Goodwill, Gold's Gym, At Home, Take 5 Oil Change, Walmart Supercenter, Tractor Supply Co., Best Buy, Hobby Lobby, pOpshelf, JCPenney, Five Below, Old Navy, PetSmart and many others. The property is strategically located to serve an extremely dense residential population exceeding 133,620 residents within five miles and a average household income exceeding $87,849.