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Aspen Ridge 5200 S Aspen Ave
1,200 - 27,400 SF of 4-Star Retail Space Available in Broken Arrow, OK 74011
Highlights
- Neighboring outparcel owners include several national restaurant concepts
- All FINAL platted and commercially zoned CH/PUD 324 A/B
- Only 3 remaining lots available FOR SALE (Contact Broker for pricing)
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $2,500 /MO $30,000 /YR | Triple Net (NNN) | ||
| 1st Floor | 25,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 1,200 SF | Negotiable | $27.00 /SF/YR $2.25 /SF/MO $290.63 /m²/YR $24.22 /m²/MO $2,700 /MO $32,400 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
1st Floor
- Partially Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air Conditioning
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air Conditioning
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.
SELECT TENANTS AT Aspen Ridge
- Tenant
- Description
- US Locations
- Reach
- Chick Fil A
- Retailer
- -
- -
- Chipotle
- Retailer
- -
- -
- Freedom Wash
- Retailer
- -
- -
- Kum & Go
- Retailer
- -
- -
- Panda Express
- Retailer
- -
- -
- Reasor's
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Chick Fil A | Retailer | - | - |
| Chipotle | Retailer | - | - |
| Freedom Wash | Retailer | - | - |
| Kum & Go | Retailer | - | - |
| Panda Express | Retailer | - | - |
| Reasor's | Retailer | - | - |
PROPERTY FACTS FOR 5200 S Aspen Ave , Broken Arrow, OK 74011
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.69/1,000 SF |
| Gross Leasable Area | 200,000 SF | Construction Status | Under Construction |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 200,000 SF |
| Year Built | 2024 |
| Parking Ratio | 0.69/1,000 SF |
| Construction Status | Under Construction |
About the Property
Aspen Ridge of Broken Arrow is a regional grocery-anchored shopping center located in Broken Arrow, Oklahoma. The 60-acre mixed-use development will feature 150,000 square feet of retail shopping, restaurant, grocery, entertainment, and 170 residential apartments. The project is located immediate north of the Creek Turnpike and 145th East Ave. (Aspen) in south Broken Arrow. The center will be home to a local household name groceryoperator, Reasor’s, that will include 60,000 sq. ft. grocery store adjacent to retail shop space and restaurant parcels. Reasor’s is now open (Aug 2024). Area tenants include Walmart Super Center, WarrenTheater, CVS Pharmacy and Starbucks.
- Signage
Nearby Major Retailers
Presented by
Aspen Ridge | 5200 S Aspen Ave
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