931 Cornwell Dr Yukon, OK 73099
- Lifestyle centers
- 23,000 SF
Current Use by Public Records
- Loan Till Payday Online / Loan Agency
Property Details for 931 Cornwell Dr
- Year built
- 1986
- Property size
- 23,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 23,000 square foot shopping center, located at 931 Cornwell Dr in Yukon, Oklahoma, presents a compelling investment opportunity. The Plaza Shoppes at Turtle Creek boasts a 7.25% cap rate and is currently 100% occupied by 16 tenants, including a mix of credit-rated franchisees and local businesses such as H&R Block, Security Finance, and several restaurants. Built in 1986, this single-story, Class B property features a desirable NNN lease structure, providing a stable income stream. The property sits on a highly trafficked thoroughfare with 405 feet of frontage on Cornwell Drive, ensuring excellent visibility and accessibility. The zoning is C-3, and rent bumps are in place. The asking price is $3,673,919, translating to $159.74 per square foot. 71% of the parking lot is owned by the property. Strong population density and demographics further enhance the investment potential of this stabilized retail center. This is a rare opportunity to acquire a well-established, fully leased shopping center in a thriving Oklahoma market.
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
- Yukon
- County
- Canadian
- State
- Oklahoma
- Longitude
- -97.7417
- Latitude
- 35.4978
