Eastmoor Shopping Center

Investment Overview

Eastmoor Shopping Center is a well positioned retail hub on the corner of SE 4th and Eastern in Moore, OK. With incredible parking and great exposure, Eastmoor provides tenants and customers with a phenomenal environment in which to do business. With tenant mix of both national and local retailers Eastmoor brings that perfect balance of shopping, restaurants and services of a large, well positioned asset with a local feel.

Investment Highlights

• Over 50% of tenants have 15 years + of tenancy at the property
• Dollar General and Subway each have over 30 years of tenancy in the Shopping Center
• 67% of property on fresh Five Year deals ending in 2028
• Long-term, national credit tenants in Dollar General and Subway
• Below market rent (avg > $10.25) leaves upside for investors
• 7 out of 10 tenants have increases during current term
• Remodeled façade in 2017
• New 20 year, TPO roof in 2019- (inspected June 2023- no damage)
• Replaced 9 of 13 HVAC units in 2019
• Most parking lot repairs shared and paid by: Property (1/3), McDonald's (1/3) and Scooters (1/3)
• Cleveland County obligated to pay $300 per month in 'lot porter' services
• Dollar General on last option period- will need to renegotiate
• One parcel away from Moore High School (2,500 students MOL)
• Strong traffic anchored by retail hub of east Moore at 4th and Eastern
• CVS, Wal-Mart, McDonald's, First Fidelity bank neighbor the center
• New McDonald's and Scooter's Coffee on outparcels in front of center