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1855 12th Ave NW
Ardmore, OK 73401

$17,008,691 USD

Supermarket For Sale  •  50,751 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 50,751 SF
  • Lot Size 5.8 AC
  • Building Class A
  • Year Built 2025
  • Cap Rate 5.35 %
  • Tenancy Multiple
0 Transit Score
36 Walk Score

Highlights

Brand-New Construction – 50,751 SF Albertsons grocery store built in 2025.
Long-Term, Corporate-Guaranteed Lease – 20-year NNN lease with Albertsons, LLC, minimizing landlord responsibilities.
Strong Rental Increases – 5% rent escalations every five years provide built-in income growth.
Prime Retail Location – Situated in Ardmore’s dominant retail corridor, surrounded by major national retailers.
Heavy Consumer Traffic – Located near The Shops at Ardmore, a 230,470 SF shopping center that is 91% occupied, with 82% national tenants.
Booming Trade Area – Over $800 million in annual retail sales, reinforcing the market’s strength.

Property Flyers

Cap Rate: 5.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Albertsons 50,751 SF 2/28/2045

Public Transportation

Commuter RailDriveWalkDistance
Ardmore Amtrak Station (Heartland Flyer - Amtrak) 5 min - 2.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Klinton Lewis 512-630-9758 Embree Capital Markets Group
Klinton Lewis 512-630-9758 Embree Capital Markets Group