1205-1343 E Lindsey St
Norman, OK 73071
Colonial Estates Shopping Center · Retail Property For Sale

CBRE is pleased to present the opportunity to acquire Colonial Estates, an 88% occupied, 104,022 square foot grocery anchored neighborhood shopping center, in Norman, Oklahoma (Oklahoma City MSA). The property' s grocery anchor concept Smart Saver is a part of a locally-owned group of grocery brands which operates 13 stores throughout the Oklahoma City metropolitan area under the banners of Uptown Grocery, Buy For Less, Buy For Less Supermercado, and Smart Saver. The company prides itself in keeping prices low, maintaining the highest quality perishables, and providing a large quantity of international items. It is located at the signalized intersection of Lindsey Street and 12th Avenue Northeast (US Highway 77), which boasts a combined traffic count of more than 45,500 vehicles per day. Colonial Estates is situated on 7.5715 acres, just one mile east of the University of Oklahoma, with a total campus enrollment of more than 31,000 graduate and undergraduate students. Lindsey Street connects the property directly to the heart of the university campus and the Gaylord Family-Oklahoma Memorial Stadium which seats 83,421 fans and has hosted 92 consecutive OU football home sell-outs.