JUST SOLD! - Fairhill Shopping Center

Fairhill Center is located off the fast growing Memorial Corridor retail hub in north Oklahoma City, only a short drive from the Kilpatrick Turnpike, one block east of N Western Ave (3.5 miles west of Broadway Extension). This prime property is a 8,800 square foot mixed use strip center and would be great for fast casual dining, sit down restaurants, office or retail. There are two buildings containing a total of 8,800 square feet.

Retail Shopping Center - Sold July 28th, 2017

Price Sold: $715,000
Price Per SF: $ 81.25
Occupancy: 56.82%
Lot Size: 1.15 Acres
Building Size: 8,800 SF
Submarket: Edmond
Sold the property for $365,000 profit since purchasing in 2.5 years
Property sold 2 months after listing agreement was signed

Property Highlights

Located just off OKCs most desired retail corridor, Memorial Road
Chisolm Creek development located to the south
New development in the area
Near multiple roof-tops
Value-add opportunity with re-positioning leases

Location Overview

The property is located just off of Memorial Road near Western Avenue in Edmond, Oklahoma. Chisolm Creek development is located catty-corner to Fairhill Shopping Center with a tenant Mix including: Top Golf, Cabela's, St. Anthony Hospital, Republic and Side Car.

Demographics

Surrounding Business Sales

Offering Memorandum

Confidential Information