NNN Retail Center with Two
4110 W Owen K Garriott Rd Enid, OK 73703
For Sale
Contact for pricing
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 Market16
Property Features for 4110 W Owen K Garriott Rd
General Information
- Standard status
- Active
- Size
- 33,357 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1975
Listing Agency:
Creek Price Edwards
(405) 210-3910
Listed By:
Aden Struble · License #209339
Source:
Crexi
Added: Jul 8
Changed: Jul 23
Last Checked: Jul 23 at 11:39AM
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.
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 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 | $504.4k | $15.12 |
| − Vacancy | −$21.2k | −$0.64 |
| EGI | $483.2k | $14.48 |
| − OpEx | −$145.0k | −$4.35 |
| NOI | $338.2k | $10.14 |
33,357 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
pOpshelf
(Bike/Boat/Book/etc) Store
FAQs
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
