Crossroads Mall - Plaza Mayor
Price Edwards & Company is pleased to announce they have been retained by CRM Properties as the Exclusive Broker in the sale of Crossroads Mall (“the Property”) located in Oklahoma City, Oklahoma. The Property is a 800,070 square foot mall located at the northeast corner of Interstate 35 and Interstate 240. Crossroads Mall is the largest mall in Oklahoma and can be purchased at far below replacement cost.
7000 Crossroads Boulevard, Oklahoma City, OK
Development Property For Sale
Retail | Industrial | Office | Entertainment
Purchase Price: $6,500,000
Lot Size: 60.45 Acres
Owner Will Divide
Minimum of 10 acre parcels
Building Size: 800,070 SF
Market: Oklahoma City Metro
Intersection: I-35 & I-240
Investment Opportunities
Crossroads Mall offers an investor or developer the opportunity to own property at arguably the best intersection in the state of Oklahoma. At the intersection of I-240 & I-40 the 60.45 acre site is ideal for several uses. The site is zoned I-2 (Moderate Industrial) and could be used for anything from Industrial Distribution to Retail. With the flexibility to use a portion or all of the existing structure, an investor will be able to have some infrastructure in place. To offset a small portion of the carrying cost of the vacant mall, the owner will receive income from the outer ring tenants. By closing the mall, all types of possibilities are now obtainable for this extraordinary property.
Conversion – the premium location and sheer size of the project provide the opportunity to be creative through re-design and re-development as an education hub, industrial distribution center.
Full Mixed Use – 60 acres and great visibility provide the footprint and infrastructure for a full mixed-use project that could include retail, office, garden office, residential, and flex space.
Industrial – the Property is zoned moderate industrial and, with the adjacent rail service, interstate access, and the availability of heavy infrastructure, is a prime distribution/warehouse site.
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