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    101 Mustang Rd Mustang, OK 73064

    For Sale
    $9,700,000

    Thriving 89,530 SF shopping center, 100% occupied.

    Property size:
    89,530 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 89,530-square-foot retail shopping center, situated on a 9.46-acre lot at the high-traffic northwest corner of SH 152 and Mustang Road in Mustang, OK, presents a remarkable investment opportunity. The property boasts 100% occupancy with a well-balanced tenant mix featuring national brands like Tractor Supply, Lesley's Pool, and Marco's Pizza, alongside thriving local businesses. This creates a strong, sustainable revenue stream and a vibrant community atmosphere. The center underwent a complete revitalization over the past five years, addressing deferred maintenance and improving management to achieve significantly higher-than-market rents. Improvements include a completely resurfaced parking lot (approximately 400 spaces) with extensive concrete repairs, creating a superior customer experience. All vacant spaces were renovated with updated flooring, HVAC systems, and modern aesthetics prior to reletting at market rates. This comprehensive revitalization successfully navigated economic headwinds, including the COVID-19 pandemic, inflation, and rising interest rates, demonstrating the property's resilience and strong potential for continued growth. The center's strategic location and impressive tenant roster make it an ideal long-term investment for discerning buyers seeking a stable, high-performing asset in a thriving market. This is a turnkey operation ready for immediate income generation.

    Property Features for 101 Mustang Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    89,530 SF
    Lot Size
    412,078 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mustang
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.72473
    Latitude
    35.39183

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving 89,530 SF shopping center, 100% occupied.
    Where is this commercial real estate located?
    The property is located at 101 Mustang Rd Mustang, OK.
    What is the asking price?
    The asking price for this property is $9,700,000.
    (405) 752-2525
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    101 Mustang Rd Mustang, OK 73064
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    Mustang, OK 73064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Mustang Rd Mustang, OK 73064
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