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Property profile & analytics
OFF-MARKET
Lifestyle centers

1515 Division St Guthrie, OK 73044

34,582 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Total area 34,582 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Four Star Fitness - Guthrie Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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