For Sale
$2,978,169.07

2421 S. York Street Muskogee, OK 74403

Muskogee retail center, 24,000 SF, 100% occupied.

Source: https://www.naisullivangroup.com

Overview

Added:
Mar 29
Days on market:
25
This exceptional retail investment opportunity presents a 24,000-square-foot shopping center situated on a 3.12-acre lot (more or less) at 2421 S. York Street in Muskogee, Oklahoma, zip code 74403. The property, built in 2002, boasts a 100% occupancy rate and commands a sales price of $2,978,169.07. Offering a 7.53% capitalization rate, this property presents a strong return on investment. The ample parking caters to shoppers with a ratio of 3.89 spaces per 1,000 square feet. High visibility is ensured through prominent pylon signage. The location in Muskogee County provides convenient access, approximately 138 miles from Oklahoma City. This property is ideal for investors seeking a stable, high-performing retail asset in a well-established market. The property's size and location make it an attractive option for a variety of retail businesses. The building's 24,000 square feet of space is currently fully occupied, indicating strong tenant demand and a stable income stream. The expansive 3.12-acre lot offers potential for future expansion or redevelopment. This is a rare opportunity to acquire a well-maintained, high-performing retail center in a desirable location.

Highlights

  • Prime 24,000 sq ft retail space on 3.12 acres in Muskogee, OK.
  • 100% occupied building constructed in 2002 with pylon signage.
  • Attractive $2,978,169.07 sales price offering a 7.53% cap rate.

Property Details for 2421 S. York Street

Property type
Retail properties
Square Feet
24,000 SF
Price / Square Foot
$124.09
Year Built
2002
Buildings
1
Stories
1
Total Parking Spaces
100
Elevators
N/A
Net Rentable (sq. ft)
24,000 SF
Lot Size (sq. ft)
135,907 SF
Occupancy
100%

Location Insight

City
Muskogee
County
State
Oklahoma

FAQs

What type of property is this?
Retail property - Muskogee retail center, 24,000 SF, 100% occupied.
Where is the retail property located?
The property is located at 2421 S. York Street Muskogee, OK.
What is the asking price?
The asking price for this property is $2,978,169.07.
What are key features of this property?
This property features: Prime 24,000 sq ft retail space on 3.12 acres in Muskogee, OK.; 100% occupied building constructed in 2002 with pylon signage.; Attractive $2,978,169.07 sales price offering a 7.53% cap rate.
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2421 S. York Street
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