6165 N May Ave
Oklahoma City, OK 73112
New AAA 15 Year NNN Ground Lease · Retail Property For Sale

The AAA Ground Lease is located on North May Avenue, with excellent visibility and access to 34,834 vehicles per day directly in front of the property. North May Avenue intersects with two busy thoroughfares within walking distance of the property: Northwest 63rd Street (30,122 AADT) and Northwest Expressway (56,902 AADT). In turn, these roadways provide convenient access to Lake Hefner Parkway, the primary route through northwestern Oklahoma City, with a traffic count of 121,200 vehicles per day near the property. Located in a dense retail corridor, the property is close to several large shopping centers and major national retailers. Retail centers within the property’s immediate vicinity include French Market, featuring Burlington Coat Factory and Bed Bath & Beyond; Centennial Plaza, anchored by Home Depot; and Mayfair Place, tenanted by Big Lots and PetSmart. The property is also minutes from Penn Square Mall, an upscale regional mall featuring Apple, Coach, Dillard’s, Banana Republic, Michael Kors, Pottery Barn, and an AMC Theatres multiplex cinema with ten screens. The AAA Ground Lease is centrally located less than six miles from downtown Oklahoma City. Two major hospitals—INTEGRIS Baptist Medical Center (511 beds) and Alliance Health Deaconess (291 beds)—are located near the property, as are a number of schools, including Putnam City High School, with 1,782 students. The property is also a short distance from Lake Hefner, a popular recreational destination that is visited by nearly one million people per year. Also nearby is the community of Nichols Hills, the most affluent city in Oklahoma, based on per capita income. Additionally, the property is supported by a large customer base in the surrounding area; 242,784 residents live and 143,485 daytime employees work within a five-mile radius of the property.