1515 Division St Guthrie, OK 73044
This exceptional 34,582 square foot shopping center in Guthrie, Oklahoma, presents a compelling value-add investment opportunity. Priced at $2,800,000, this fully leased property boasts a 7.54% cap rate and a strong net operating income (NOI) of $211,106. The center features a diverse mix of long-term tenants, some occupying the space since the 1990s, ensuring consistent cash flow. Located at 1515 S Division St, 73044, the property benefits from a prime location with direct frontage on a highly trafficked intersection, directly across from a Walmart Supercenter with a signalized entrance. Two shadow anchors, Galleria Furniture and Walgreens, further enhance foot traffic and visibility. The property's land value is $101.74 per square foot. Guthrie's projected growth, fueled by developments along the North I-35 corridor, promises significant future appreciation. Convenient access to the Turnpike provides easy connectivity to Edmond and the Oklahoma City metro area. The triple net (NNN) lease structure minimizes landlord responsibilities. This is a rare opportunity to acquire a stable, high-performing retail asset in a thriving Oklahoma market. The property is 100% occupied.
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Four Star Fitness - Guthrie Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.