For Sale
$10,200,000

2408 Shawnee Rd Muskogee, OK 74403

Added:
Dec 11, 2024
Days on market:
133

Highlights

  • 170,000-square-foot community shopping center with 30,330 square feet of vacancy upside.
  • Asking price: $60 per square foot.
  • 81% of income derived from credit tenants (Ollie's, Goodwill, Planet Fitness, Veterans Affairs).
  • 50% of income from leases with over 5 years remaining; 30,330 SF of vacancy (suitable for a local grocer).
  • Over $3.5M in recent landlord and tenant renovations (2023); all roof sections new or recently repaired.
  • $2.5M+ value-add potential; 40,000 population within 5 miles; diverse consumer base.

Property Details for 2408 Shawnee Rd

Property type
Lifestyle centers, Power centers
Square Feet
170,000 SF
Year Built/Renovated
1990/2022
Lot Size (sq. ft)
751,410 SF
Units
13

Location Insight

City
Muskogee
County
Muskogee
State
Oklahoma
Latitude
35.77054
Longitude
-95.33807252

FAQs

Where is the lifestyle center located?
The property is located at 2408 Shawnee Rd Muskogee, OK.
What is the asking price?
The asking price for this property is $10,200,000.
What are key features of this property?
This property features: 170,000-square-foot community shopping center with 30,330 square feet of vacancy upside.; Asking price: $60 per square foot.; 81% of income derived from credit tenants (Ollie's, Goodwill, Planet Fitness, Veterans Affairs).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2408 Shawnee Rd
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