JUST SOLD - Riverwalk Centre
Riverwalk Centre is a Community Shopping Center consisting of 78,127 square feet of retail with mixed small shop and big box stores. The property has major upside potential when leased-up with 13.59% of the property being occupied. Riverwalk is currently in receivership with the property being marketed by The Retail Investment Team.
Retail For Sale - SOLD July 13th, 2018
Sold Price: $5,151,000
Sold Price PSF: $65.93
Lot Size: 8.56 Acres
Year Built: 2004
- Building Size: 78,127 SF
- Market: Oklahoma City Metro
- Submarket: Moore
Property Highlights
- Retail Redevelopment opportunity
- Located in Moore, OK - busy retail corridor
- 109,400 cars pass per day on Interstate 35
- Built in 2004
Location Overview
Primary access to the area is provided by lnterstate 35, a major commuter route to Oklahoma City from the metro's south-periphery bedroom communities of Moore and Norman. Primary arterial linkages to the subject include Telephone Road and SW 19th Street, the latter of which is an east-west arterial with on and off ramps at l-35.
Traffic reports available from state and local authorities indicate a vehicle count of 109,400 vehicles per day along lH-35, 32,494 vehicles per day along SW 19th Street, and 9,678 vehicles per day on Telephone Road.
The Will Rogers lnternational Airport is located 7.5 miles northwest of the subject property; travel time is about 15 minutes depending on traffic conditions. The Oklahoma City CBD, the economic and cultural center of the region, is approximately 10 miles due north of the subject via l-35.
Access to the subject from the l-35 service road is provided by SW 25th Street, and travel time from the major arterial to the subject is less than one minute. Overall, vehicular access is good.
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