Class A Power Center: Bryant Square Center - Edmond, Oklahoma

Minimum purchase: $300,000
It doesn't get better than this: An opportunity to invest in a credit-tenant, class A power center in Edmond, Oklahoma. Bryant Square Center offers the following highlights:

• Anchored by Bed, Bath & Beyond, Old Navy, Petco, Stein Mart, Ross Dress for Less and CVS Pharmacy
• Located 14 miles north of the Oklahoma City Central Business District at one of the busiest intersections in Edmond, Oklahoma (Source: City of Edmond)
• Heavily trafficked retail intersection recently enhanced by the additions of three major retailers across the street (Super Target, Lowes, and Wal-Mart)
• 7.19% CAP rate (approx.)
• 7.31% year one cash-on-cash yield (pro forma)
• 7.81% - five-year average yield (approx.)
• 8.67% - ten-year average yield (approx.)
• Built in 1975; renovated 1991 & 1994

The Property is located at 308 South Bryant Avenue, Edmond, Oklahoma 73034, and is 14 miles north of the Oklahoma City Central Business District at the southeast corner of South Bryant Avenue and East 2nd Street. It is situated on a 28.58-acre corner site and contains 273,969 square feet of gross leaseable area within eight buildings. The land area on which the Property sits surrounds a separately owned, Chase Bank branch facility.

The Property was built in 1975 and served as the largest shopping center in Edmond until 2000, when the Wal-Mart Neighborhood Market anchored-center, University Village, was completed across the street. In addition, University Plaza opened in 2000 with Super Target and Lowes as anchors. This intersection is an established retail location that has been enhanced by the recent additions of these two centers, neither of which is a part of the Property.

The key anchor tenants at the Property include Bed, Bath & Beyond, Hancock Fabrics, Old Navy, Petco, Ross and Stein Mart. The Property benefits from the additional consumer draw associated with the three major retailers located across the street (Super Target, Lowes and Wal-Mart) and the complementary retail and restaurant space within these newer adjacent centers, which are not a part of the Property. With a relatively new anchor lineup, the Property ranks as a Class-A retail destination. It is located at a large intersection in one of Oklahoma City’s best trade areas and is well maintained with recently updated facades. In addition, numerous new residential developments continue to have a positive impact on this retail trade area.

Act fast on this one as positions will go quickly. Please contact me for a full marketing brochure and further information regarding this investment.