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Property profile & analytics
OFF-MARKET
Lifestyle centers

1911 Washington St Idabel, OK 74745

19,515 SF 1.86 ac lot Built 2004
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 19,515-square-foot, multi-tenant retail shopping center in Idabel, Oklahoma. The property boasts a 100% occupancy rate with five national tenants, including Dollar Tree and Hibbett Sports, under triple-net (NNN) leases. The strong tenant base features a mix of established businesses, with 93% of the gross leasable area (GLA) occupied for 15 or more years. Built in 2004, the single-building center sits on a 1.86-acre lot with ample parking. A new roof was installed in 2018, offering a long-term warranty. The property benefits from a high-traffic location on Washington Street, exceeding 10,031 vehicles per day, and is shadow-anchored by a Walmart Supercenter. Nearby national and regional retailers further enhance the property's visibility and draw. The center's strong financial performance is reflected in its 7.06% cap rate and a net operating income (NOI) of $235,351. The asking price is $3,335,000, or $170.89 per square foot. The 10-mile population is approximately 15,535, with an average household income of $54,604. This stabilized investment offers a compelling combination of strong tenancy, high traffic counts, and a desirable location in a growing market.

Property profile
Verified
Property type Lifestyle centers
Year built 2004
Total area 19,515 SF
Lot 1.86 ac (81,022 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
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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