931 Cornwell Dr Yukon, OK 73099
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.
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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
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Property description
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No recorded transactions found for this property.
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Risks
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