91 Sugarberry Trl Broken Bow, OK 74728
- Specialty properties
- 8,600 SF
- 5.80 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 91 Sugarberry Trl
- Year built
- 2023
- Lot size
- 5.80 lot acres
- Property size
- 8,600 SF
- Property type
- Specialty properties
- Property subtype
- Lifestyle centers
Description
This exceptional investment opportunity presents a fully leased, multi-tenant retail center in Broken Bow, Oklahoma's thriving tourism hub. Boasting 8,600 square feet across two, single-story buildings on a 5.8-acre lot, the property features six tenants including national brands like Dollar General, Walgreens, and CVS Pharmacy, among others. Built in 2023, the center enjoys a 100% occupancy rate, generating a strong net operating income (NOI) of $197,550 and a 7.00% cap rate. The property is strategically located on Highway 259, providing high visibility and accessibility to the area's 2 million annual visitors. Individual units average $564,429, with a total asking price of $2,822,145. Leases are net (NN) with varying terms and rent bumps. The property is fee simple ownership and includes additional income from seasonal food trucks (not included in NOI). This prime retail space offers significant investment potential in a rapidly expanding market. The property's strong tenant mix, high occupancy, and prime location make it an attractive investment for discerning buyers seeking a stable, high-return asset in a booming tourist destination. The property consists of five units, with a price per square foot of $328.16.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Broken Bow
- County
- McCurtain
- State
- Oklahoma
- Longitude
- -94.7695
- Latitude
- 34.1746