Briar Village Shopping Center | $479K NOI | 93% Occupied | 146,714 SF

 Investment Highlights

• ±146,714 SF community shopping center on ±13.05 acres in the Tulsa MSA, with strong visibility along high traffic corridor (±20K VPD).
• 93% occupied with 23 suites, offering diversified cash flow from a broad mix of fitness, thrift, restaurant, retail, and service-oriented tenants.
• Long-term anchor stability from 10 Gym and Eco Thrift, which recently executed 10-year leases through 2036 and together occupy more than 36% of the center’s GLA.
• Three large-format tenants occupy more than 51% of GLA, providing scale and income stability while smaller inline suites create mark-to-market upside.
• Below-market in-place rents create value-add upside, with average in-place rent of only $6.03/SF across the center and near-term rollover that may allow a buyer to push rents toward market.
• Immediate lease-up opportunity from approximately 10,835 SF of vacant space, including an 8,300 SF junior-anchor vacancy that could materially increase NOI upon stabilization.
• Dense infill Tulsa trade area supported by over 101,000 residents within 3 miles and approximately 569,000 residents within 10 miles, with nearby apartments, national retailers, and daily-needs traffic drivers.
• Richard Shawn Terrel c/o Fisher Auction Company Inc. License: BK#: 134099. Starting Bid $1,250,000.