ICBRE is pleased to offer for sale Edmond Crossing.   Why Edmond Crossing? - ABOVE AVERAGE disposable income, merchant sales,  quality tenant mix, tenant retention, vehicle traffic, ingress/egress, consumer foot traffic, visibility and parking.  Edmond is a wealthy suburb of Oklahoma City (25th largest metro in the USA).  Incomes in Edmond are more than 30% greater than the US average, and cost of living in OK City metro is nearly 15% less than the US average.  This dynamic leaves Edmond consumers with an ABUNDANCE OF DISCRETIONARY INCOME.  Edmond Crossing has tenants selling 5X MORE than their average store across the USA (tenant with more than 1,000 stores).  Approximately 1/2 of the income is paid by tenants with INVESTMENT GRADE CREDIT (S&P "BBB" or "A").  70% of the income is from tenants with a national footprint.  The average tenure of our tenants is over 14 years.  Edmond Crossing is on the SEQ of Broadway Extension and 33rd Street with more than 66,000 vpd.  The signalized main entrance to the center has nearly 30,000 vpd.  With 11 full turn points of ingress/egress Edmond Crossings is consistently visited 1.9 million times annually which ranks #391st of 16,363 peer group centers in the country (according to Placer-AI); better than 98% of its peer group in the USA.  With nearly 1/4 mile of frontage along 33rd street all tenant store fronts and signage have tremendous exposure.  Edmond Crossing enjoys abundant parking with a more than 5 stalls per 1,000 sf.  Superior merchant sales, quality tenants, visibility, access, consumer traffic within the center, signage, parking, and a demographic with copious amounts of discretionary income result in an investment for the discriminating investor.

• Offering Memo : https://www.cbredealflow.com/handler/modern.aspx?pv=Z-I9J549zUFsSziezRAUlK5NmYlM8kbsSQdc6DiGFdjYQ_ViqIYQxCHFeQotSc-L#_top

• Size: 160,818 sf on 15.01 acres

• List Price: $24,7500,000

• In-Place NOI: $1,970,569

• In-Place CAP: 7.96%

• Occupancy: 98.8%

• Price PSF: $154 PSF (69% below replacement cost of $470 psf)