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240 Penn Park 1401 SW 74th St
1,500 - 48,000 SF of Retail Space Available in Oklahoma City, OK 73159
Highlights
- Strong Foot traffic
- located near restaurants, bars, coffee and service
- High traffic area
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,500-48,000 SF | Negotiable | £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £946,800 /PA £78,900 /MO | Triple Net |
1421 Penn Park Blvd - 1st Floor
240 Penn Park is a power center shopping center located on the northeast corner of S Pennsylvania & Interstate 240. This highly trafficked area gets over 100,000 cars per day and is easily accessible. Phase III will consist of brand new retail space available - lease ranging from 1,500 sf up to 48,000 sf. Call Associate for rate. Co-tenants include Conn's, Hallmark, Pizza Hut, Skechers, Best Buy, Marshalls, Old Navy, Mardel, Petsmart, Half Price Books, Ross, and much more. The center is surrounded by many national restaurants and retailers. Future Retail Space available for Lease Up to 48,000 square feet available Highly trafficked intersection and easily accessible
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT 240 Penn Park
- Tenant
- Description
- US Locations
- Reach
- Conn's Appliance
- Retailer
- -
- -
- Hallmark Gold Crown
- Retailer
- 1
- -
- Pizza Hut
- Pizza
- 9,629
- International
- Skechers
- Shoes
- 855
- International
| Tenant | Description | US Locations | Reach |
| Conn's Appliance | Retailer | - | - |
| Hallmark Gold Crown | Retailer | 1 | - |
| Pizza Hut | Pizza | 9,629 | International |
| Skechers | Shoes | 855 | International |
PROPERTY FACTS FOR 1401 SW 74th St , Oklahoma City, OK 73159
| Min. Divisible | 1,500 SF | Frontage | |
| Centre Type | Power Center | Gross Leasable Area | 383,870 SF |
| Parking | 991 Spaces | Total Land Area | 39.89 AC |
| Centre Properties | 12 | Year Built | 2006 |
| Min. Divisible | 1,500 SF |
| Centre Type | Power Center |
| Parking | 991 Spaces |
| Centre Properties | 12 |
| Frontage | |
| Gross Leasable Area | 383,870 SF |
| Total Land Area | 39.89 AC |
| Year Built | 2006 |
About the Property
240 Penn Park is a power center shopping center located on the northeast corner of S Pennsylvania & Interstate 240. This highly trafficked area gets over 100,000 cars per day and is easily accessible. Phase III will consist of brand new retail space available - lease ranging from 1,500 sf up to 48,000 sf. Call Associate for rate. Co-tenants include Conn's, Hallmark, Pizza Hut, Skechers, Best Buy, Marshalls, Old Navy, Mardel, Petsmart, Half Price Books, Ross, and much more. The center is surrounded by many national restaurants and retailers. Future Retail Space available for Lease Up to 48,000 square feet available Highly trafficked intersection and easily accessible
- Signage
Nearby Major Retailers
-
Jacob Simon -
Price Edwards & Company
Presented by
240 Penn Park | 1401 SW 74th St
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