prime retail space the palmer company c real estate s freestanding retail box 1501...

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Broker makes no representation as to the environmental or other conditions of the property and recommends that potential purchasers and/or lessees investigate fully prior to making any offer. Information contained herein has been obtained from the owner of the property or other sources deemed reliable and Broker does not guarantee the accuracy of the information. Lease rates and terms subject to change without notice. Offered subject to errors, omissions, prior lease or sale and withdrawal from the market without notice. Prime retail space FREESTANDING RETAIL BOX 515 SW 74th - Oklahoma City, OK (Former Ultimate Electronics) COMMERCIAL REAL ESTATE SERVICES 1501 Olde Depot Drive Edmond, OK 73034 Contact: Chris H. Palmer (405) 216-9090 Ofc. (405) 216-9091 Fax (405) 834-4372 Cell [email protected] The Palmer Company Building size: 37,252 sf (may subdivide) Site: 3.02 acres Dimensions: 255’ wide x 140’ deep (n/i dock) Parking: 172 stalls on-site (4.62/k) Lease Rate: $11.00 psf NNN The LocaƟon: Northwest corner of SW 74th (I-240) & Walker in the South I-240 retail corridor. Principal Broker holds an ownership interest in the Property. DEMOGRAPHICS POPULATION 3 mi. 5 mi. 7 mi. 15 mins 95,647 207,129 292,827 358,964 DAYTIME POP 3 mi. 5 mi. 7 mi. 15 mins 43,330 90,773 239,336 358,964 HOUSEHOLDS 3 mi. 5 mi. 7 mi. 15 mins 39,514 78,831 111,377 139,973 INCOME 3 mi. 5 mi. 7 mi. 15 mins $46,077 $50,924 $51,431 $51,237 The Area: The South I-240 corridor has long been recognized as one of OKC’s dominant retail corridors. NaƟonal, regional and local retailers with a presence in the immediate vicinity include Wal-Mart Supercenter, Staples, Lowe’s, Hobby Lobby, Best Buy, Petsmart, Mardel, Marshall’s, Ross, Old Navy, Michael’s, Pier 1, Famous Footwear, AT&T, Oce Depot, Conn’s, Academy Sports, Pep Boys, Burlington Coat Factory and Starbucks, among others. The Market: While the rest of the country is sƟll suering the eects of the recent economic downturn, Oklahoma City conƟnues to defy naƟonal trends. Total retail sales in the OKC metro area increased 5.77% during 2010 and reached $11.9 billion; apparel sales are up 5.5% at just over $532 million; durable goods sales increased 7.48%; lumber sales increased 12.69%; electronics sales increased 1.14% and reached over $438 million. The unemployment rate is only 6.5% in Oklahoma County and throughout the state (down from 7.3% a year earlier), compared to 8.9% naƟonally. New home construcƟon in the MSA has stabilized and currently stands at just over 3,600 new dwelling units per year. Trac counts: 104,255 vpd (ODOT) The Building: This is the only retail building over 30,000 square feet available along the South I-240 corridor and the only one oering standard retail “big-box” construcƟon specs. Year built - Year built - 2000. 2000. Signage: Signage: 40’ pylon 40’ pylon Exterior walls - concrete Ɵlt-wall panels over 6” steel studs with R-19 insulaƟon. Sprinkler: Fully sprinkled Roof - metal decking over steel bar joists with R-30 rigid foam insulaƟon and fully-adhered membrane. Column spacing - varies from 35’8” to 48’ Storefront parapet wall height - 40’ at central entry element; 32’8” otherwise. Entry element - Insulated glass w/ Aluco-Bond metal panels over metal studs. HVAC - 123 tons in 9 rooŌop package units. VerƟcal clearances - Below bar joist: Front - 24’8” Rear - 17’8” Below deck: Front - 27’ Rear - 20’ Deliveries - Two 8’2” OH doors @ truck dock/well with automaƟc dock levelers 9 4 3 $ The Area: The South I-240 corridor has long been recognized as one of OKCs dom

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Page 1: Prime retail space The Palmer Company C REAL ESTATE S FREESTANDING RETAIL BOX 1501 ...thepalmercompany.com/downloads/515_SW_74th_flyer_web.pdf · 2011-07-18 · COMMERCIAL REAL ESTATE

Broker makes no representation as to the environmental or other conditions of the property and recommends that potential purchasers and/or lessees investigate fully prior to making any offer. Information contained herein has been obtained from the owner of the property or other sources deemed reliable and Broker does not guarantee the accuracy of the information. Lease rates and terms subject to change without notice. Offered subject to errors, omissions, prior lease or sale and withdrawal from the market without notice.

Prime retail spaceFREESTANDING RETAIL BOX515 SW 74th - Oklahoma City, OK(Former Ultimate Electronics)

COMMERCIAL REAL ESTATE SERVICES

1501 Olde Depot DriveEdmond, OK 73034

Contact: Chris H. Palmer(405) 216-9090 Ofc.(405) 216-9091 Fax(405) 834-4372 [email protected]

The Palmer Company

Building size: 37,252 sf (may subdivide)Site: 3.02 acresDimensions: 255’ wide x 140’ deep (n/i dock)Parking: 172 stalls on-site (4.62/k)Lease Rate: $11.00 psf NNN

The Loca on: Northwest corner of SW 74th (I-240) & Walker in the South I-240 retail corridor.

Principal Broker holds an ownership interest in the Property.

DEMOGRAPHICS

POPULATION 3 mi. 5 mi. 7 mi. 15 mins 95,647 207,129 292,827 358,964

DAYTIME POP 3 mi. 5 mi. 7 mi. 15 mins 43,330 90,773 239,336 358,964

HOUSEHOLDS 3 mi. 5 mi. 7 mi. 15 mins 39,514 78,831 111,377 139,973

INCOME 3 mi. 5 mi. 7 mi. 15 mins $46,077 $50,924 $51,431 $51,237

The Area: The South I-240 corridor has long been recognized as one of OKC’s dominant retail corridors. Na onal, regional and local retailers with a presence in the immediate vicinity include Wal-Mart Supercenter, Staples, Lowe’s, Hobby Lobby, Best Buy, Petsmart, Mardel, Marshall’s, Ross, Old Navy, Michael’s, Pier 1, Famous Footwear, AT&T, Offi ce Depot, Conn’s, Academy Sports, Pep Boys, Burlington Coat Factory and Starbucks, among others.The Market: While the rest of the country is s ll suff ering the eff ects of the recent economic downturn, Oklahoma City con nues to defy na onal trends. Total retail sales in the OKC metro area increased 5.77% during 2010 and reached $11.9 billion; apparel sales are up 5.5% at just over $532 million; durable goods sales increased 7.48%; lumber sales increased 12.69%; electronics sales increased 1.14% and reached over $438 million. The unemployment rate is only 6.5% in Oklahoma County and throughout the state (down from 7.3% a year earlier), compared to 8.9% na onally. New home construc on in the MSA has stabilized and currently stands at just over 3,600 new dwelling units per year.

Traffi c counts: 104,255 vpd (ODOT)

The Building: This is the only retail building over 30,000 square feet available along the South I-240 corridor and the only one off ering standard retail “big-box” construc on specs.

Year built -Year built - 2000. 2000. Signage: Signage: 40’ pylon 40’ pylon Exterior walls - concrete lt-wall panels over 6” steel studs with R-19 insula on. Sprinkler: Fully sprinkledRoof - metal decking over steel bar joists with R-30 rigid foam insula on and fully-adhered membrane. Column spacing - varies from 35’8” to 48’ Storefront parapet wall height - 40’ at central entry element; 32’8” otherwise.Entry element - Insulated glass w/ Aluco-Bond metal panels over metal studs. HVAC - 123 tons in 9 roo op package units.Ver cal clearances - Below bar joist: Front - 24’8” Rear - 17’8” Below deck: Front - 27’ Rear - 20’ Deliveries - Two 8’2” OH doors @ truck dock/well with automa c dock levelers

9

4

3

$

The Area: The South I-240 corridor has long been recognized as one of OKC’s dom

Page 2: Prime retail space The Palmer Company C REAL ESTATE S FREESTANDING RETAIL BOX 1501 ...thepalmercompany.com/downloads/515_SW_74th_flyer_web.pdf · 2011-07-18 · COMMERCIAL REAL ESTATE
Page 3: Prime retail space The Palmer Company C REAL ESTATE S FREESTANDING RETAIL BOX 1501 ...thepalmercompany.com/downloads/515_SW_74th_flyer_web.pdf · 2011-07-18 · COMMERCIAL REAL ESTATE
Page 4: Prime retail space The Palmer Company C REAL ESTATE S FREESTANDING RETAIL BOX 1501 ...thepalmercompany.com/downloads/515_SW_74th_flyer_web.pdf · 2011-07-18 · COMMERCIAL REAL ESTATE
Page 5: Prime retail space The Palmer Company C REAL ESTATE S FREESTANDING RETAIL BOX 1501 ...thepalmercompany.com/downloads/515_SW_74th_flyer_web.pdf · 2011-07-18 · COMMERCIAL REAL ESTATE
Page 6: Prime retail space The Palmer Company C REAL ESTATE S FREESTANDING RETAIL BOX 1501 ...thepalmercompany.com/downloads/515_SW_74th_flyer_web.pdf · 2011-07-18 · COMMERCIAL REAL ESTATE
Page 7: Prime retail space The Palmer Company C REAL ESTATE S FREESTANDING RETAIL BOX 1501 ...thepalmercompany.com/downloads/515_SW_74th_flyer_web.pdf · 2011-07-18 · COMMERCIAL REAL ESTATE