NNN Retail Center with Two
For Sale
$4,250,000
4110 W Owen K Garriott Rd, Enid, OK 73703
33,357 SF fully leased NNN retail center anchored by pOpshelf and Burke's Outlet (Bealls Inc.).
Property Size33,357 SF
Price / SF$127.41
Days on Market105
Property Features for 4110 W Owen K Garriott Rd
General Information
Standard status
Active
Size
33,357 SF
Class
C
Property subtype
Retail - Street Retail
Occupancy
100%
Building Details
Building Size
33,357 SF
Year Built
1975
Tenancy
Multi
Listing Agency:
Creek Commercial Realty
Listed By:
Aden Struble · License #209339
(405) 210-3910
Source:
Commercialcafe
Added: Jul 10
Changed: Oct 22
Last Checked: Oct 20 at 5:38PM
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 Commercial Realty
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Investment Insights
Based on property information with market context.
Enid Plaza is a 33,357 SF multi-tenant retail center leased on an NNN basis. The property is fully occupied and benefits from two nationally backed retailers operating as anchors, including pOpshelf on a fresh 10-year term and Burke's Outlet (Bealls Inc.), which is committed through 2033 with multiple renewal options extending to 2058.
The center is located along W Owen K Garriott Road, one of Enid’s primary east-west retail corridors, and sits within an established retail node with surrounding national and regional draws.
With long-term tenant commitments in place and 100% occupancy, Enid Plaza is positioned as a stabilized retail asset with minimal landlord responsibilities tied to an NNN structure.
The center is located along W Owen K Garriott Road, one of Enid’s primary east-west retail corridors, and sits within an established retail node with surrounding national and regional draws.
With long-term tenant commitments in place and 100% occupancy, Enid Plaza is positioned as a stabilized retail asset with minimal landlord responsibilities tied to an NNN structure.
Key Highlights
- 33,357 SF multi‑tenant retail center fully leased on a NNN basis
- Anchored by pOpshelf on a fresh 10‑year term
- Second anchor: Burke's Outlet (Bealls Inc.) committed through 2033 with renewal options to 2058
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$338,222
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,764,440
$6.8M
Cap Rate 7%
$4,831,743
$4.8M
Cap Rate 9%
$3,758,022
$3.8M
Market Conditions
NOI Build-Up for 33,357 SF
Gross rent
$504.4K $15.12/SF
− Vacancy
−$21.2K −$0.64/SF
EGI
$483.2K $14.48/SF
− OpEx
−$145.0K −$4.35/SF
NOI
$338.2K $10.14/SF
Area
Garfield County, OK
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,764,440
Cap Rate 7%
$4,831,743
Cap Rate 9%
$3,758,022
Alternative Uses
Best Use
Retail
$4.83M
$4.23M – $5.64M
NOI $338,222 @ 7.0% cap · market cap 7.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.19M
$8.04M – $10.72M
NOI $643,048 @ 7.0% cap · market cap 15.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 38%
Carl's Jr.
Dining
7,876 visits/mo
0.2 miles
Conoco
Shops & Services
4,727 visits/mo
0.2 miles
Demographics for 73703, OK
30,376
Population
13,610
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
114.1 sq mi
ZIP Area
266
Density / Sq Mi
$74,202
Median Household Income
$41,860
Median Earnings
$1,039
Median Rent
$191,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - 33,357 SF fully leased NNN retail center anchored by pOpshelf and Burke's Outlet (Bealls Inc.).
Where is this shopping center located?
The property is located at 4110 W Owen K Garriott Rd Enid, OK.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 33,357 SF multi‑tenant retail center fully leased on a NNN basis; Anchored by pOpshelf on a fresh 10‑year term; Second anchor: Burke's Outlet (Bealls Inc.) committed through 2033 with renewal options to 2058
