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Swanson's North - Availability Details

1004-1006 N Hudson Ave, Oklahoma City, OK 73102

  • For Sale Market to Establish
  • City Oklahoma City
  • Neighborhood Midtown Oklahoma City
  • Zip Code 73102
  • Market Oklahoma City
  • Property Type Retail - Strip
  • Property Size 15,609 Sqft
  • Lot Size 0.39 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2016
  • Date Updated 28 May, 2021
Swanson's North is located in the heart of Oklahoma City, Oklahoma. The property is at the center of an on-going revitalization of downtown OKC with strong operators catering to a diverse and permanent day-time population from the nearby hospital systems, universities, apartment complexes, and office buildings. Oklahoma City, often shortened to OKC, is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, ranks 25th among United States cities in population, and is the 11th largest city in the South. Oklahoma City is on the I-35 Corridor, one of the primary travel corridors south into neighboring Texas and Mexico and north towards Wichita and Kansas City. OKC is the most populous city in the state at 650,000, growing 10% since 2010; far outpacing the national average. Over the past decade Oklahoma City’s economy has increasingly diversified beyond its natural resource roots. Government, education, and healthcare services now represent a significant share of Oklahoma City’s total employment base, with manufacturing and professional and business services also experiencing substantial gains in recent years. OKC’s economy is heavily diversified and is anchored by its three largest employers - the State of Oklahoma, Tinker Air Force Base and the University of Oklahoma. These institutions form a stable foundation for metro employment. OKC has long been a production, distribution and business services hub with key advantages including consistently low business costs, a productive labor force, prime access to growing state and regional markets, a world-class training network of 16 technology centers, 20 public and private universities, major medical and aerospace research centers, shovel-ready sites with interstate and rail and runway access, a newly renovated commercial airport, and local and state government incentives.
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Location

  • City Oklahoma City, OK
  • Neighborhood Midtown Oklahoma City
  • Zip Code 73102
  • Market Oklahoma City

Contacts

broker

Aaron Johnson

Dallas/Ft. Worth

(214) 560-3310

Highlights

  • OPPORTUNITY ZONE location – offering tax incentives for investors financing new projects within the governor-nominated tract
  • STABILIZED, CORE-PLUS ASSET – local tenancy with 3.78 years of WALT and promising YOY sales growth for the restaurants in the center
  • DESIRABLE, CENTRAL LOCATION – approximately one-mile northwest of the central business district
  • WALKABLE WITH NEARBY AMENITIES – Midtown features a Walk Score of 89, and with over 587,000 SF of retail including 40+ local restaurants, neighborhood bars, housing, lodging, and many professional services; it is the perfect place to experience the best of OKC’s local fare
  • BUDDING BUSINESS ENVIRONMENT – through city engagement and support, Downtown OKC has seen 74+ businesses open since 2018
  • STABLE IN-PLACE CASH FLOW – at 100% occupancy, the center represents an exciting opportunity to acquire a coveted urban, core-plus location in one of Downtown OKC’s most promising districts

Attachments

Contact Listing Broker

broker

Aaron Johnson

Dallas/Ft. Worth

(214) 560-3310

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