Five Below & Old Navy 1655-1665 12th Ave NW 21,947 SF 100% Leased Retail Building Ardmore, OK 73401 $5,390,000 ($245.59/SF) 6.75% Cap Rate

Seize this exceptional investment opportunity with a two-tenant retail property situated at 1655-1665 12th Ave, Ardmore, Oklahoma. Newly built in 2024, this prime retail location offers approximately 21,947 square feet of rentable space across two nationally recognized tenants, Five Below and Old Navy, with long-term NNN leases, ensuring a stable, low-maintenance income stream.
Five Below: Lease expiring in October 2034 with 10% escalations every five years
Old Navy: Lease expiring in June 2034 with similar escalation terms
Located strategically along a major retail corridor near Interstate 35, this site benefits from an annual retail trade area generating over $800 million in sales and a local population of over 350,000 within a 10-mile radius. The area’s strong retail demand, coupled with Ardmore's appeal as a central hub between Dallas and Oklahoma City, makes this a prime location for high-traffic retail investment.
Strong Demographics: Average household income in the area exceeds $68,000 within a 10-mile radius, with a significant portion of national tenants in neighboring retail centers.
This property presents an ideal acquisition for investors seeking a reliable, long-term revenue stream in a growing market. Reach out today to explore this opportunity and secure a foothold in Ardmore's dynamic retail landscape.