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Multi-Tenant Shopping Center

3804 South Elm Place, Broken Arrow, OK 74011

For Sale
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The center contains 27 retail suites and is 94.1% occupied.

Property Size92,878 SF
Price / SF$79.14
Days on Market42

Property Features for 3804 South Elm Place

General Information

Standard status Active
Size 92,878 SF
Property subtype Retail
Occupancy 94%
Net Operating Income $537,592

Financials

Asking Price $7,350,000
Cap Rate 7.31%
Gross Income $752,337

Additional Details

Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: SVN | OAK Realty Advisors
Listed By: Caden Farmer · License #210148
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 8 at 5:22PM

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 SVN | OAK Realty Advisors

Rey
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Investment Insights

Based on property information with market context.

This 92,878-square-foot neighborhood shopping center has 27 retail suites and is 94.1% occupied. Its multi-tenant configuration brings together a range of retail spaces within one property on South Elm Place in Broken Arrow.

The center sits along an established retail corridor where Walmart Supercenter and Reasor's grocery operate on South Elm Place. Broken Arrow had an estimated population of 122,131 in 2024, with a 2026 estimate of 127,206. The surrounding corridor includes grocery and big-box retailers, serving everyday shopping needs.

Key Highlights

  • 92,878‑square‑foot multi‑tenant retail center
  • 27 suites; 94.1% occupied
  • Located on South Elm Place in Broken Arrow

Property Analytics

Current Use

TOP PROSPECTS PRACTICE ... Gym & Fitness Center From The Heart Enterprises Big Box & Wholesale Store Sears Appliance Repair Home Appliance Store Paloma's Plants Garden Center Shutter Up Tulsa ... Photography Service

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Auto Repair Shop Big Box & Wholesale 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

94.1%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby
Under-served
Demand for This Use

Demographics for 74011, OK

31,803
Population
12,898
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
96%
High-School Grad
23.8 sq mi
ZIP Area
1,336
Density / Sq Mi
$95,643
Median Household Income
$50,906
Median Earnings
$1,303
Median Rent
$244,900
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

Similar Off Market Nearby

  • Broken Arrow Town Center I — 713 W New Orleans St, Broken Arrow, OK 74011
  • Best Threading Place — 731 W New Orleans St, Broken Arrow, OK 74011
  • Vandever East Shopping Center — S Elm Pl, Broken Arrow, OK 74012
  • New Orleans Square — 700 E 101st St, Broken Arrow, OK 74011

Frequently Asked Questions

What type of property is this?
Shopping center - The center contains 27 retail suites and is 94.1% occupied.
Where is this shopping center located?
The property is located at 3804 South Elm Place Broken Arrow, OK.
What is the asking price?
The asking price for this property is $7,350,000.
What are key features of this property?
This property features: 92,878‑square‑foot multi‑tenant retail center; 27 suites; 94.1% occupied; Located on South Elm Place in Broken Arrow
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