Boulevard Square Shopping Center 3431 S Boulevard St
15,970 SF 100% Leased Retail Building Edmond, OK 73013 $3,100,000 ($194.11/SF) 7.67% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent Location
- Nearby neighbors include: Hobby Lobby, TJ Maxx, HomeGoods, Natural Grocers, and others
- Easy access to Kilpatrick Turnpike, a main artery of North OKC
EXECUTIVE SUMMARY
Boulevard Square is a neighborhood shopping center located at the heavily trafficked intersection of 33rd & Boulevard in Edmond, OK in the heart of Edmond Oklahoma –Oklahoma City’s preferred sub market. Boulevard Square is conveniently located to the north of a 250,000 square foot office park, medical and Oklahoma Christian University providing an excellent daytime population.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,970 SF
Building Class
B
Year Built/Renovated
1985/2010
Price
$3,100,000
Price Per SF
$194.11
Cap Rate
7.67%
NOI
$237,770
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.64 AC
Zoning
E-1, General Commercial
Parking
58 Spaces (5.1 Spaces per 1,000 SF Leased)
Frontage
184’ on Boulevard St
AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 182501110 | Improvements Assessment | $256,280 |
| Land Assessment | $58,936 | Total Assessment | $315,216 |
