101 Mustang Rd Mustang, OK 73064
- Commercial real estate
- 89,530 SF
- 9.46 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 101 Mustang Rd
- Year built
- 1976
- Lot size
- 9.46 lot acres
- Property size
- 89,530 SF
- Property type
- Commercial real estate
Description
This exceptional 89,530-square-foot retail shopping center, situated on a 9.46-acre lot at the high-traffic northwest corner of SH 152 and Mustang Road in Mustang, OK, presents a remarkable investment opportunity. The property boasts 100% occupancy with a well-balanced tenant mix featuring national brands like Tractor Supply, Lesley's Pool, and Marco's Pizza, alongside thriving local businesses. This creates a strong, sustainable revenue stream and a vibrant community atmosphere. The center underwent a complete revitalization over the past five years, addressing deferred maintenance and improving management to achieve significantly higher-than-market rents. Improvements include a completely resurfaced parking lot (approximately 400 spaces) with extensive concrete repairs, creating a superior customer experience. All vacant spaces were renovated with updated flooring, HVAC systems, and modern aesthetics prior to reletting at market rates. This comprehensive revitalization successfully navigated economic headwinds, including the COVID-19 pandemic, inflation, and rising interest rates, demonstrating the property's resilience and strong potential for continued growth. The center's strategic location and impressive tenant roster make it an ideal long-term investment for discerning buyers seeking a stable, high-performing asset in a thriving market. This is a turnkey operation ready for immediate income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mustang
- County
- Canadian
- State
- Oklahoma
- Longitude
- -97.7247
- Latitude
- 35.3918
