Edmond, Oklahoma, is a prime location for investing in Retail Properties For Sale, offering a unique blend of history, culture, and economic growth. With a population of approximately 90,000 residents, Edmond provides a diverse demographic makeup, making it an attractive location for businesses and investors alike. Retail Properties in Edmond can represent a range of investments, from strip centers to freestanding buildings, each offering a unique opportunity to capitalize on the city's growing economy. Edmond's strong focus on promoting public art and cultural diversity, combined with its rich history and educational institutions, such as the University of Central Oklahoma, make it an ideal location for Retail Properties. The city's infrastructure, including the Citylink Edmond bus service and Interstate 35, provides easy access to the surrounding areas, making it an attractive location for businesses and residents alike. Additionally, Edmond's amenities, such as the Oak Tree National golf course and Arcadia Lake, make it a desirable location for both business and leisure.
Edmond's Retail Properties For Sale offer a range of opportunities for investors, with 11 available listings to choose from. The average price per square foot is $382 USD, with an average size of 18,643 square feet. The largest Retail Property available is 74,412 square feet, offering ample space for businesses to grow and thrive. In addition to Retail Properties, Edmond also offers a range of other property types, including Shopping Centers, Restaurants, Office Properties, and Hotels, each with its own unique characteristics and opportunities. Shopping Centers in Edmond offer a range of retail spaces, while Restaurants provide a unique opportunity to capitalize on the city's growing food scene. Office Properties in Edmond offer a range of spaces for businesses, from small startups to large corporations, while Hotels provide a convenient location for travelers and business professionals alike. With its diverse range of property types and amenities, Edmond is an attractive location for investors and businesses looking to capitalize on the city's growing economy.
What is the average cap rate for retail properties in Edmond?
When it comes to retail properties in Edmond, investors can expect an average cap rate of 7.19%, which is a key metric to consider when evaluating the potential return on investment. To learn more about how cap rates work and what they mean for your investment, check out our article on what is a cap rate, which provides a comprehensive overview of this important concept.
How do location and foot traffic affect retail property values?
In Edmond, Oklahoma, the location and foot traffic of retail properties significantly impact their values. Properties situated in high-traffic areas, such as those near the University of Central Oklahoma or along Interstate 35, tend to command higher prices due to their proximity to major employers, transportation hubs, and local amenities, which attract a large customer base and increase the potential for revenue generation.
