The subject property is strategically located along NW 23rd St, a key retail and commuter thoroughfare which averages 27,300 vehicles passing by daily. The site features multiple access points and benefits from excellent visibility via significant street frontage and a large pylon sign. In addition, the building is equipped with a drive-thru, providing ease and convenience for customers. On...
The subject property is strategically located along NW 23rd St, a key retail and commuter thoroughfare which averages 27,300 vehicles passing by daily. The site features multiple access points and benefits from excellent visibility via significant street frontage and a large pylon sign. In addition, the building is equipped with a drive-thru, providing ease and convenience for customers. On average, stores with drive-thrus experience higher sales than those without. The asset is ideally situated in a dense retail corridor, with several national/credit tenants nearby including Walgreens, CVS Pharmacy, Walmart Neighborhood Market, Ace Hardware, AutoZone, Dollar General, Raising Cane’s, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. Furthermore, the asset is located within close proximity to Oklahoma City University (3,000+ students), further increasing consumer traffic to the site. The 5-mile trade area is supported by roughly 212,000 residents and 241,500 employees, providing a direct consumer base from which to draw. Residents within 1 mile of the property boast a stable average household income of $86,473. Oklahoma City is the largest city in the State of Oklahoma, with an estimated population of 702,619 as of July 1, 2022, the city ranks 27th among United States cities in population.