730 Danforth RdEdmond, OK 73003

This exceptional investment opportunity presents a thriving multi-tenant retail center in Edmond, Oklahoma, totaling 74,412 square feet on an 8.99-acre lot. The property, built in 1999, boasts a remarkable 100% occupancy rate as of July 2022, generating a strong Net Operating Income (NOI) of $467,827 and a compelling 5.95% cap rate. Priced at $7,864,034 ($106 per square foot), this property offers significant potential for growth. All nine tenants operate under Triple-Net (NNN) leases, minimizing landlord responsibilities. A key strength is the recent seven-year lease renewal with Hobby Lobby, ensuring long-term stability. The property benefits from a consistently growing local population and income, further enhancing its investment appeal. An excellent owner/manager maintenance program ensures the property remains in top condition. The strategic location, complemented by nearby parks, schools, and other retailers, contributes to the property's high occupancy and strong tenant base. Furthermore, there's potential for future rent increases, given current market conditions. This is a rare opportunity to acquire a well-maintained, high-performing retail center with a strong tenant mix and significant upside potential in a desirable Oklahoma City suburb. The address is 730-828 W Danforth Rd, Edmond, OK 73003.