204 S Broadway, Coweta, OK 74429
Updated single-tenant retail building with strong downtown visibility and modernized key building systems.
- Added:
- Jun 16, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 20 at 8:04 am
Property Features for 204 S Broadway
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Property subtype
- RETAIL
Listing agent Vicki Patterson, CCIM License #OK 171566 (918) 519-6731
Listing office Wiggin Properties - Tulsa (918) 935-2010
Listing date Jun 16, 2026
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Wiggin Properties - Tulsa
HighLights
- ±5,500 SF single‑tenant retail building available for sale or sale‑leaseback
- Prominent downtown Coweta location along S Broadway with strong visibility and accessibility
- Extensive updates to major building systems, including newer roofs
- Updated HVAC systems and significant electrical improvements completed
- Convenient access to Broken Arrow, Bixby, and the Tulsa MSA
Overview
The building is positioned in a prominent downtown Coweta location along S Broadway, with strong visibility and accessibility for passing customers. It provides convenient access to Broken Arrow, Bixby, and the Tulsa MSA, and sits within a growing residential and commercial corridor.
For tenants or buyers seeking a retail platform with updated building systems, this asset offers a straightforward, single-user configuration. It is also available for sale or sale-leaseback, which may appeal to users considering a transition from occupancy to ownership while maintaining an ongoing retail presence.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.4k | $16.80 |
| − Vacancy | −$5.5k | −$1.01 |
| EGI | $86.9k | $15.79 |
| − OpEx | −$26.1k | −$4.74 |
| NOI | $60.8k | $11.05 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Coweta
- County
- Wagoner
- State
- Oklahoma
- Longitude
- -95.650215
- Latitude
- 35.95226
