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Highlights
- Rose Creek Plaza is a multi-phase lifestyle development featuring waterfront options, outdoor event space, and more.
- Tenants will be provided with exceptional traffic-driving services from a dedicated planner promoting the center through advertising and events.
- NW OKC is growing at around 14% per year and the population within a 3-mile radius grew by 52% from 2010 to 2023 with an average HH income of $112k.
- Spaces delivered as cold gray shells with a TI allowance of $30 psf, ideal for retail, restaurants, services, fitness, entertainment, and offices.
- Near Highway 74 and Kilpatrick Turnpike, 13 minutes from Nichols Hills, 15 from the University of Central Oklahoma, and 20 from Downtown OKC.
- Positioned at the heavily trafficked corner of NW 164th Street and May Avenue, providing traffic counts of over 25,000 vehicles per day.
Space Availability (11)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 110 | 2,308 SF | 3-10 Years | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $6,924 /MO $83,088 /YR | Triple Net (NNN) | ||
1st Floor, Ste 115 | 1,907 SF | 3-10 Years | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $5,721 /MO $68,652 /YR | Triple Net (NNN) | ||
1st Floor, Ste 120 | 1,922 SF | 3-10 Years | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $5,766 /MO $69,192 /YR | Triple Net (NNN) | ||
1st Floor, Ste 125 | 1,907-3,829 SF | 3-10 Years | $38.00 /SF/YR $3.17 /SF/MO $409.03 /m²/YR $34.09 /m²/MO $12,125 /MO $145,502 /YR | Triple Net (NNN) | ||
1st Floor, Ste 13 | 1,500-8,658 SF | 3-10 Years | $38.00 /SF/YR $3.17 /SF/MO $409.03 /m²/YR $34.09 /m²/MO $27,417 /MO $329,004 /YR | Triple Net (NNN) | ||
1st Floor, Ste 200 | 1,878-4,069 SF | 3-10 Years | $38.00 /SF/YR $3.17 /SF/MO $409.03 /m²/YR $34.09 /m²/MO $12,885 /MO $154,622 /YR | Triple Net (NNN) | ||
1st Floor, Ste 205 | 2,191 SF | 3-10 Years | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $6,573 /MO $78,876 /YR | Triple Net (NNN) | ||
1st Floor, Ste 305 | 4,598 SF | 3-10 Years | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $13,794 /MO $165,528 /YR | Triple Net (NNN) | ||
1st Floor, Ste 310 | 1,615 SF | 3-10 Years | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $4,845 /MO $58,140 /YR | Triple Net (NNN) | ||
1st Floor, Ste 315 | 1,683 SF | 3-10 Years | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $5,049 /MO $60,588 /YR | Triple Net (NNN) | ||
1st Floor, Ste 320 | 1,729 SF | 3-10 Years | $38.00 /SF/YR $3.17 /SF/MO $409.03 /m²/YR $34.09 /m²/MO $5,475 /MO $65,702 /YR | Triple Net (NNN) |
16533 N May Ave - 1st Floor - Ste 110
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
16533 N May Ave - 1st Floor - Ste 115
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
16533 N May Ave - 1st Floor - Ste 120
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
16533 N May Ave - 1st Floor - Ste 125
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
16533 N May Ave - 1st Floor - Ste 13
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
16533 N May Ave - 1st Floor - Ste 200
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
16533 N May Ave - 1st Floor - Ste 205
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
16533 N May Ave - 1st Floor - Ste 305
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
16533 N May Ave - 1st Floor - Ste 310
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
16533 N May Ave - 1st Floor - Ste 315
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
16533 N May Ave - 1st Floor - Ste 320
The suite will be delivered in cold grey shell condition without slab and a $30sf TI. The vision of Rose Creek Plaza is to create a lifestyle destination, including a unique blend of national and local retail, restaurants, services, boutique fitness, and entertainment. This combined with design ambiance and amenities that are conducive to gathering, casual browsing, and creating positive experiences.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
TENANTS AT Rose Creek Plaza
- Tenant
- Description
- SIZE
- MOVE DATE
- US Locations
- Reach
- Homeland Grocery
- Retailer
- -
- -
- -
- -
Tenant | Description | SIZE | MOVE DATE | US Locations | Reach |
Homeland Grocery | Retailer | - | - | - | - |
PROPERTY FACTS FOR 16533 N May Ave , Edmond, OK 73012
Min. Divisible | 1,500 SF | Gross Leasable Area | 225,000 SF |
Center Type | Neighborhood Center | Total Land Area | 4.20 AC |
Parking | 100 Spaces | Year Built | 2023 |
Center Properties | 2 |
Min. Divisible | 1,500 SF |
Center Type | Neighborhood Center |
Parking | 100 Spaces |
Center Properties | 2 |
Gross Leasable Area | 225,000 SF |
Total Land Area | 4.20 AC |
Year Built | 2023 |
About the Property
Become a formative element of this transformative lifestyle development and reposition North Oklahoma City’s work-play center of gravity at Rose Creek Plaza. This multi-phase mixed-use project will span approximately 220,000 square feet across 27 acres with a community-driven design. The buildings feature a refreshingly modern aesthetic and will be activated by lush courtyards, water features, golf cart paths and parking, pedestrian walkways, and outdoor event space. Rose Creek Plaza and its team are committed to propelling tenant success and exposure with a dedicated event planner to drive traffic through online campaigns, promotional events, community gatherings, concerts, and more. Construction has kicked off with several incoming tenants, including Homeland Fresh Market, a steakhouse, bars, professional services, a med spa, a boutique fitness concept, and cafes. Retail, restaurant, fitness, medical service, and office users can all find a space here, providing stores with a built-in consumer base and office teams with a plethora of amenities at their doorstep. Spaces are delivered as a shell with a generous $30 per square foot tenant improvement allowance to build a unique destination in this advantageous location. Characterized by upscale communities and excellent schools, Edmond and North Oklahoma City offer a serene reprieve from the city center with excellent highway connectivity to reach downtown cultural attractions. There are nearly 150,000 people within a five-mile radius of Rose Creek Plaza, and they report a healthy average household income of $100,265 per year which contributes to $2 billion in annual consumer spending. The project offers tremendous exposure to these affluent residents at a high-traffic intersection and its placement next to the Rose Creek Golf Club community with over 600 luxury homes. Despite a growing, high-income population, the area needs lifestyle centers that cater to the modern consumer and worker mindset. Rose Creek Plaza is the first mixed-use lifestyle center of its kind in the region, making this the ideal opportunity to match market trends and become a trailblazing destination.
- Corner Lot
- Air Conditioning
Marketing Brochure
DEMOGRAPHICS
Demographics
About North Oklahoma City
North Oklahoma City is among the largest retail markets in the Oklahoma City metropolitan area. This section of Oklahoma City features excellent highway access that includes Interstate 44, John Kilpatrick Turnpike and US 77. Demographic tailwinds such as strong buying power have mostly supported retail market in North Oklahoma City.
North Oklahoma City is a longstanding shopping destination. The area is home to several of Oklahoma City’s major malls, including Penn Square Mall and Quail Springs Mall. Most existing retail space is in several shopping centers, situated along major highways that border North Oklahoma City. In the past five years, developers have added new stand-alone retail projects along major highway intersections, seeking to capitalize on traffic flowing through North Oklahoma City. The largest retail tenants include national chains such as Costco, Home Depot, and Dick’s Sporting Goods.
Excellent location and buying power are a boon to leasing activity in North Oklahoma City. In the past two years, demand from big-box retailers has kept vacancy rates below the Oklahoma City average and boosted rent growth.
Nearby Amenities
Restaurants |
|||
---|---|---|---|
Sapporo Sushi Bar | Sushi | $$$ | 30 min walk |
Domino’s | - | - | 30 min walk |
McDonald's | - | - | 30 min walk |
Dunkin' | Cafe | - | 31 min walk |
Retail |
||
---|---|---|
7-Eleven | Convenience Market | 28 min walk |
MidFirst Bank | Bank | 29 min walk |
Eye Care Center | Optical | 36 min walk |
Hotels |
|
---|---|
Avid |
87 rooms
6 min drive
|
Baymont |
62 rooms
6 min drive
|
Staybridge Suites |
106 rooms
6 min drive
|
Hilton Garden Inn |
113 rooms
7 min drive
|
Holiday Inn Express |
92 rooms
7 min drive
|
Leasing Team
Malek Massad, President
Heather Rainer, Broker Associate
She has spent the last 20 years working in sales, marketing and property management. Her career began with a focus on residential and has grown to include aspects of home building, design management, multi-family and commercial property management as well as commercial real estate, including retail, multi-family, office and industrial markets. Of most recent, Heather obtained her broker’s license and oversaw a property management portfolio consisting of over 1 Million square feet of retail, office, warehouse and light industrial space while negotiating residential and commercial real estate.
Outside of the office, she is active with OKMAR and a member of the Commercial Real Estate Committee. She is a volunteer at several non-profit pet organizations and shelters in the city metro area and is also an advocate for veteran’s affairs. She is working alongside her brothers on a non-profit organization to benefit disabled veterans and those suffering from PTSD which is a cause close to her heart. In her spare time, she loves to listen to live music especially when her husband, Kyle, is on stage, travel and spend time with family and friends.
Corey Hale, Sales Agent
Finishing his time at Oklahoma Christian, he returned to Australia working as a golf Pro and coach, and he completed a PGA Of Australia traineeship, concurrently working in the sales and marketing division; a position he held for five years, prior to embarking on a career as a full time professional golfer. His seven-year professional golf career took him all over the world playing on tour in Australia, America, Canada, China and Southeast Asia.
In 2016 he returned to Edmond as he continued his traveling golf career, and as fate would have it, he met his wife, Kelli, which led him to stay in Oklahoma. After years of traveling, he completed his final professional tournament in his home country in December of 2019. Corey is excited for his new career in Real Estate, where he can apply his experience in sales and marketing and continue his desire to help others in the state he’s proud to call home.
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Rose Creek Plaza | 16533 N May Ave
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