Harrison Place - Shawnee, OK

SHOP Companies is pleased to exclusively offer the opportunity to acquire Harrison Place in Shawnee, Oklahoma, an 89.6% occupied retail center, comprised of two buildings totaling 32,149 SF most notably featuring key tenants Fresenius Kidney Care, BancFirst Insurance Services, and the venerable Van’s Pig Stand, Oklahoma’s oldest barbeque restaurant continuously owned and operated by the same family (the “Property”). The two buildings are situated on 3.54 acres (MOL) and were built in 1995 and 1998. The rent roll features a 3.18-year weighted average lease term, with the Seller having historically prioritized high occupancy and low rents over lease term.

Shawnee serves as the county seat for Pottawatomie County and also headquarters for the Citizen Potawatomi Nation, the Absentee Shawnee and Kickapoo Tribes. The city also serves as a hub for medical services and higher education, home to SSM Health St. Anthony Hospital, a 61-bed short-term acute care hospital and Oklahoma Baptist University, a Christian liberal arts university offering nine bachelor's degrees and six master’s degree programs across 80 areas of study. Harrison Place is located on the east side of Harrison Street (OK Highway 18), one of the two Interstate 40 exits providing direct access to the city of Shawnee and its neighborhood retail trade area. Harrison Place is the most favorably positioned strip center south of Interstate 40, and the closest in proximity to Gordon Cooper Technology Center, a public career and technology education center serving around 1,000 full-time students and has over 17,000 short-term enrollments annually. Harrison Street north of the property has seen a recent flurry of new construction, with new users entering the market including Domino C-Stores, Buffalo Wild Wings, Taco Casa, Old School Bagel, Orthodontic Specialists of Oklahoma, and SSM Health Express Clinic.