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2501 Highway 64 N Guymon, OK 73942

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For Sale
$7,937,500

51,985 SF property with long-term lease and income growth.

Property size:
51,985 SF

Property Features for 2501 Highway 64 N

General Information

Size
51,985 SF

Building Details

Year built
1990

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Listing Contact
Girma Moaning
Source: Tcnworldwide

Listing Agent: Girma Moaning

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Exceptional Retail Property Investment Potential

The property at 2501 N Highway 64 is a 51,985 SF retail property offering investment potential. It features a Double Net Lease, which entails minimal landlord responsibilities, and significant Tenant Improvements from Guymon Social. Tractor Supply recently exercised a 15-year lease extension, demonstrating long-term commitment to the site. Rental increases scheduled for 2026 and 2028 are projected to elevate the Net Operating Income (NOI) to $633,750. The property is adjacent to a 150,000 SF Walmart Supercenter, ensuring high traffic with over 19,700 visitors monthly. A Family Entertainment Center on site provides attractions such as bowling, arcade games, axe throwing, billiards, ping pong, and full-service restaurants. Guymon Social is investing more than $6,000,000 in tenant improvements. Guymon, the county seat of Texas County, Oklahoma, had a population of 12,965 as of the 2020 census. The city's economy is dominated by cattle feedlots, corporate pork farms, and natural gas production, with wind energy production diversifying landowners' farms. Guymon is a hub for the local economy, which includes wheat farming, livestock hog and dairy farming, manufacturing, and oil and natural gas production.
Location Intelligence

Current Use by Public Records

Individual retail properties

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
Guymon
County
Texas
State
Oklahoma
Longitude
-101.485698
Latitude
36.706995

FAQs

What type of property is this?
Individual retail property - 51,985 SF property with long-term lease and income growth.
Where is this individual retail property located?
The property is located at 2501 Highway 64 N Guymon, OK.
What is the asking price?
The asking price for this property is $7,937,500.
What are key features of this property?
This property features: - Strong tenant commitment with Tractor Supply's recent 15-year lease extension.; - Double Net Lease with minimal landlord responsibilities.; - Significant Tenant Improvements of over $6,000,000 by Guymon Social.
More about this property
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