Listing Agency: NAI RED Commercial Real Estate s***@naired.com Show Phone

Listed By: Samuel Dunham · License #152924 Show Phone

Source: Naiglobal

Added: Mar 6 Changed: Jul 6 Last Checked: Aug 30 at 1:55PM

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Investment Insights

Based on property information with market context.

This commercial real estate offers 121,124 square feet of retail space situated on 8.36 acres. The property is located on North Main Street in Altus, Oklahoma.

Key Highlights

• 121,124 SF of space
• 8.36 Acres MOL

Property Analytics

Property Profile

Current Use

Sweet Life Treats Specialty Food Shop Air Force Recruiting ... Military Recruiting Office US Army Recruiting ... Employment Agency Total Medical Personnel ... Employment Agency US Marine Corps ... Corporate Office

Suggested Use

Top Pick Dental Office Skin Care Clinic Garden Center HVAC Service Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

457

Businesses Nearby

83k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 47% Home Improvements & Furnishings 22% Shops & Services 15% Electronics 10%

Altus Ace Hardware Home Improvements & Furnishings

16,058 visits/mo 0.4 miles

SONIC Drive In Dining

14,350 visits/mo 0.1 miles

Arby's Dining

7,149 visits/mo 0.1 miles

Goodwill Apparel

4,834 visits/mo 0.2 miles

Taco Mayo Dining

4,225 visits/mo 0.5 miles

Demographics for 73521, OK

20,209

Population

9,975

Households

2

Avg Household Size

35

Median Age

25%

College-Educated

86%

High-School Grad

185.8 sq mi

ZIP Area

109

Density / Sq Mi

$59,857

Median Household Income

$38,065

Median Earnings

$896

Median Rent

$150,900

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for lease on a large lot.

Where is this retail space located?

The property is located at 1116 N Main Street Altus, OK.

What is the lease rate?

The lease rate is $8 SF/Yr.

What are key features of this property?

This property features: 121,124 SF of space; 8.36 Acres MOL