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LEGACY AT COVELL RETAIL CENTER NWC of I-35 & Covell Rd, Edmond, OK 73034 1,400 SF of Retail Space Available in Edmond, OK 73034
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Space is in Excellent Condition
- Wheelchair Accessible
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 broker 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.
PROPERTY FACTS
| Total Space Available | 1,400 SF | Year Built | 2027 |
| Property Type | Retail | Parking Ratio | 5.53/1,000 SF |
| Gross Leasable Area | 16,250 SF | Construction Status | Proposed |
| Total Space Available | 1,400 SF |
| Property Type | Retail |
| Gross Leasable Area | 16,250 SF |
| Year Built | 2027 |
| Parking Ratio | 5.53/1,000 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
A newly developed site located at Covell & Sooner Rd in Edmond, OK, presents a promising retail opportunity. This property is ideally situated near neighborhoods with high average household incomes of over $168,000 within a 1-mile radius, numerous upcoming developments, and other retailers, including Crest Foods, McDonald’s, Braum’s, Qdoba, and Starbucks. This exceptional property is strategically positioned off Interstate 35, benefitting from a high traffic volume of 65,300 vehicles per day. The new development already features the successful ShowBiz Cinemas, which boasts 463k visits annually.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| West Covell Road | Tayler St, W | 14,454 | 2025 | 0.07 mi |
| E Covell Rd | N Blvd, E | 9,064 | 2025 | 0.08 mi |
| W Covell Rd | Tayler St, W | 8,423 | 2025 | 0.11 mi |
| N Boulevard St | Timber Ridge Dr, S | 7,193 | 2025 | 0.12 mi |
| N Blvd | E Covell Rd, NE | 10,070 | 2025 | 0.17 mi |
| N Broadway | Greenbriar Ave, N | 10,891 | 2025 | 0.18 mi |
| E Covell Rd | Glen Hollow Rd, E | 10,103 | 2025 | 0.22 mi |
| W Covell Rd | Thomas Dr, E | 9,074 | 2025 | 0.33 mi |
| E Covell Rd | Princeton Ave, W | 7,877 | 2025 | 0.47 mi |
| North Boulevard Street | Timberland Ter, N | 12,289 | 2025 | 0.48 mi |
NEARBY MAJOR RETAILERS
