Huntington Jewelers - Yukon, OK
SHOP Companies is pleased to exclusively offer the opportunity to acquire a single tenant, net leased Huntington Fine Jewelers building at The Market at Czech Hall in Yukon, Oklahoma, the latest phase consisting of 160,000 square feet of newly constructed retail featuring a 24-hour Crest Fresh Market, Burlington, and HomeGoods as the anchors (the “Property”). Huntington Jewelers occupies a newly constructed 4,200 square foot building that serves as an endcap for the in-line portion of the center, immediately adjacent to Burlington.
The Property is situated on a 1.57-acre parcel along the south side of Interstate 40 and is highly visible to the combined 72,100 vehicles that pass by the site daily. The Market at Czech Hall is the latest addition to what has become the geographic epicenter of the retail trade area, with co-tenants including Academy Sports + Outdoors, Ross Dress For Less, ULTA, Marshalls, Five Below, and Petco, and featuring other national retailers located within a mile such as Target, Lowe’s, Kohl’s, Hobby Lobby, PetSmart, and AMC Theatres. The Market at Czech Hall has attracted over 2,500,000 customer visits in the last twelve months which makes it the #1 ranked strip/convenience retail venue in the state of Oklahoma (#1 of 197) and ranks it inside the top 98th percentile nationwide within that period according to Placer.ai data.
Huntington Fine Jewelers is a jewelry store that has been a fixture of the Oklahoma City area for more than 30 years and today operates five showrooms across the greater metro area. Continuously family-owned and operated, Huntington Fine Jewelers is proud to be the only jewelry store in the region that offers Tacori, Hearts on Fire, and Simon G – the top three bridal brands in the United States – side by side in the same location. The lease agreement features an initial lease term of twelve (12) years, two 5-year renewal options, 10% base rent increases every five (5) years, is personally guaranteed by the operator, and provides for 100% operating expense recoveries.