Multi-Center Retail Investment
For Sale
Contact for pricing
1500 SE WASHINGTON STREET, Idabel, OK 74745
For-sale retail investment portfolio with 3 Oklahoma strip centers, including several credit tenants and multiple vacant suites.
Property SizeContact for details
Days on Market117
Property Features for 1500 SE WASHINGTON STREET
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Creek Price Edwards
Listed By:
Troy Humphrey · License #OK 174229
Source:
Crexi
Added: Apr 15
Changed: Aug 8
Last Checked: Jul 21 at 12:41AM
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 Creek Price Edwards
Investment Insights
Based on property information with market context.
Land Run Commercial offers an investment portfolio comprised of Shoppes on the Creek Phases 1 & 2 (Seminole, OK), Magnolia Crossing (Durant, OK), and Washington Plaza (Idabel, OK). The portfolio can be purchased as a portfolio, or separately, with the noted exception that Shoppes on the Creek Phase 2 will not be sold as an individual asset.
Shoppes on the Creek Phase 1 was built in 2014 and includes tenants such as Hibbett Sports, Aaron’s, Pizza Hut, and US Cellular. Phase 2 was built in 2017 and includes tenants such as Dollar Tree and Cricket Wireless, along with a vacant 1,300 sf suite. Magnolia Crossing was built in 2015 and includes tenants such as PetSense, Shoe Sensation, Verizon, Jimmy’s Egg, Firehouse Subs, and Lotus Nail Salon, along with a vacant 1,915 sf suite. Washington Plaza was built in 1976 and renovated in 2008, and tenants include Dollar General, Stage, Factory Connection, and Idabel Gymnastics, with remarks indicating 100% occupancy. Anchor tenants’ leases for Washington Plaza are noted to expire in 2024 with options to extend.
The provided figures list total portfolio sale price of $5,400,000 for Shoppes on the Creek (both phases) with NOI of $395,692, $4,236,000 for Magnolia Crossing with NOI of $307,097, and $2,076,000 for Washington Plaza with NOI of $166,117.
Shoppes on the Creek Phase 1 was built in 2014 and includes tenants such as Hibbett Sports, Aaron’s, Pizza Hut, and US Cellular. Phase 2 was built in 2017 and includes tenants such as Dollar Tree and Cricket Wireless, along with a vacant 1,300 sf suite. Magnolia Crossing was built in 2015 and includes tenants such as PetSense, Shoe Sensation, Verizon, Jimmy’s Egg, Firehouse Subs, and Lotus Nail Salon, along with a vacant 1,915 sf suite. Washington Plaza was built in 1976 and renovated in 2008, and tenants include Dollar General, Stage, Factory Connection, and Idabel Gymnastics, with remarks indicating 100% occupancy. Anchor tenants’ leases for Washington Plaza are noted to expire in 2024 with options to extend.
The provided figures list total portfolio sale price of $5,400,000 for Shoppes on the Creek (both phases) with NOI of $395,692, $4,236,000 for Magnolia Crossing with NOI of $307,097, and $2,076,000 for Washington Plaza with NOI of $166,117.
Key Highlights
- 3‑property Oklahoma retail investment portfolio: Shoppes on the Creek (Phases 1 & 2), Magnolia Crossing, and Washington Plaza
- Shoppes on the Creek: Phase 1 built 2014; Phase 2 built 2017; portfolio sale price $5,400,000 with $395,692 NOI
- Shoppes on the Creek Phase 2 includes a vacant 1,300 SF suite; Phase 1 tenants include Hibbett Sports, Aaron’s, Pizza Hut, and US Cellular
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
127k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 33%
Shops & Services 24%
Dining 21%
Apparel 14%
Walmart
Superstores
42,014 visits/mo
0.2 miles
SONIC Drive In
Dining
9,963 visits/mo
0.2 miles
Murphy USA
Shops & Services
9,536 visits/mo
0.1 miles
Bealls
Apparel
9,461 visits/mo
0.3 miles
Dollar General
Shops & Services
8,446 visits/mo
0.2 miles
Demographics for 74745, OK
9,609
Population
4,366
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
87%
High-School Grad
171.6 sq mi
ZIP Area
56
Density / Sq Mi
$43,498
Median Household Income
$32,238
Median Earnings
$723
Median Rent
$130,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - For-sale retail investment portfolio with 3 Oklahoma strip centers, including several credit tenants and multiple vacant suites.
Where is this shopping center located?
The property is located at 1500 SE WASHINGTON STREET Idabel, OK.
What are key features of this property?
This property features: 3‑property Oklahoma retail investment portfolio: Shoppes on the Creek (Phases 1 & 2), Magnolia Crossing, and Washington Plaza; Shoppes on the Creek: Phase 1 built 2014; Phase 2 built 2017; portfolio sale price $5,400,000 with $395,692 NOI; Shoppes on the Creek Phase 2 includes a vacant 1,300 SF suite; Phase 1 tenants include Hibbett Sports, Aaron’s, Pizza Hut, and US Cellular
