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Homeland Grocery Store 16525 Rose Creek Blvd 35,202 SF Retail Building Edmond, OK 73012 $14,095,000 ($400.40/SF) 6% Cap Rate



Executive Summary
2023 Constructed Homeland Grocery Store – Anchor to the High-End Rose Creek Plaza Development in Edmond, OK
12.5 Years Remaining on the Original 15-Year, Absolute NNN Lease | No Landlord Responsibilities, Providing a Passive Ownership Opportunity
Corporately Guaranteed by HAC, Inc. - Headquartered in Oklahoma City, HAC, Inc. is a Prominent Grocery Chain That has Been Entirely Employee Owned Since 2011 & Operates 80 Grocery Stores Across Oklahoma, Texas, & Georgia
Built in Annual Rent Increases Through 15-Year Original Term & 2% Annual Increases in Option Periods
Rose Creek Plaza is a New Mixed-Use Lifestyle Development that will bring a Variety of High-End Retail, Dining, & Services to North Oklahoma City. The Rose Creek Plaza will Span 27 Acres, with Over 220,000 Square Feet of Mixed-Use Space for Lease
Prime High Traffic Location with Great Visibility – Situated on the Signalized Corner of NW 164th Street & North May Avenue with 25,000+ VPD
Borders the Rose Creek Golf Club with 600+ Custom, Luxury Homes | Affluent Neighborhoods and Spending Power
Outstanding Demographics – Located in one of Oklahoma’s Strongest Trade Areas, the Average Household Income Exceeds $146,000 Within a 1-Mile Radius
National Retailers in the Immediate Trade Area Include HomeGoods, Ross, Five Below, Arvest Bank, Chick-Fil-A, Starbucks, 7-Brew, HTeaO, Swig, Dunkin Donuts, Wing Stop, McDonalds, Buffalo Wild Wings, Sherwin Williams, Domino’s, Sonic, Braum’s, etc.
12.5 Years Remaining on the Original 15-Year, Absolute NNN Lease | No Landlord Responsibilities, Providing a Passive Ownership Opportunity
Corporately Guaranteed by HAC, Inc. - Headquartered in Oklahoma City, HAC, Inc. is a Prominent Grocery Chain That has Been Entirely Employee Owned Since 2011 & Operates 80 Grocery Stores Across Oklahoma, Texas, & Georgia
Built in Annual Rent Increases Through 15-Year Original Term & 2% Annual Increases in Option Periods
Rose Creek Plaza is a New Mixed-Use Lifestyle Development that will bring a Variety of High-End Retail, Dining, & Services to North Oklahoma City. The Rose Creek Plaza will Span 27 Acres, with Over 220,000 Square Feet of Mixed-Use Space for Lease
Prime High Traffic Location with Great Visibility – Situated on the Signalized Corner of NW 164th Street & North May Avenue with 25,000+ VPD
Borders the Rose Creek Golf Club with 600+ Custom, Luxury Homes | Affluent Neighborhoods and Spending Power
Outstanding Demographics – Located in one of Oklahoma’s Strongest Trade Areas, the Average Household Income Exceeds $146,000 Within a 1-Mile Radius
National Retailers in the Immediate Trade Area Include HomeGoods, Ross, Five Below, Arvest Bank, Chick-Fil-A, Starbucks, 7-Brew, HTeaO, Swig, Dunkin Donuts, Wing Stop, McDonalds, Buffalo Wild Wings, Sherwin Williams, Domino’s, Sonic, Braum’s, etc.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
35,202 SF
Building Class
A
Year Built
2023
Price
$14,095,000
Price Per SF
$400.40
Cap Rate
6%
NOI
$845,702
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
4.08 AC
Zoning
Market - Commercial
Parking
100 Spaces (0 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $445,858 | |
| Land Assessment | $293,053 | Total Assessment | $738,911 |
Property Taxes
Parcel Numbers
Land Assessment
$293,053
Improvements Assessment
$445,858
Total Assessment
$738,911
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Homeland Grocery Store | 16525 Rose Creek Blvd
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