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Retail Investment Property
For Sale
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Pending

1700 N Main Street, Altus, OK 73521

Retail property for sale with a stated 6.50% cap rate.

Property Size59,318 SF
Days on Market123

Property Features for 1700 N Main Street

General Information

Standard status Pending
Size 59,318 SF
Property subtype Retail

Additional Details

Cap Rate 6.5%
Listing Agency: SHOP Companies
Listed By: Jason Little · License #OK 145918
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 11 at 3:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SHOP Companies

Investment Insights

Based on property information with market context.

This for-sale retail property is offered with a stated 6.50% cap rate and totals 59,318 SF of retail space.

The asset is located at 1700 N Main Street in Altus, Oklahoma (73521).

With one consolidated retail offering, the property presents a straightforward option for buyers seeking a single retail investment opportunity.

Key Highlights

  • Retail property for sale with a stated 6.50% cap rate
  • Total building area: 59,318 SF
  • Public remarks list the property as retail with a 6.50% cap

Property Analytics

Current Use

Hobby Lobby (Bike/Boat/Book/etc) Store Happy Nails Nail Salon

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Dental Office Law Firm HVAC Service Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
119k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 26% Home Improvements & Furnishings 15% Electronics 7%
Altus Ace Hardware Home Improvements & Furnishings
16,058 visits/mo 0.1 miles
SONIC Drive In Dining
14,350 visits/mo 0.5 miles
Taco Bell Dining
11,448 visits/mo 0.1 miles
Hobby Lobby Shops & Services
10,747 visits/mo 0.1 miles
Valero Energy Shops & Services
8,943 visits/mo 0.1 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property for sale with a stated 6.50% cap rate.
Where is this retail space located?
The property is located at 1700 N Main Street Altus, OK.
What are key features of this property?
This property features: Retail property for sale with a stated 6.50% cap rate; Total building area: 59,318 SF; Public remarks list the property as retail with a 6.50% cap
More about this property
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