2501 Us-64 Guymon, OK 73942
- Lifestyle centers
- 51,985 SF
- 10.53 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 2501 Us-64
- Lot size
- 10.53 lot acres
- Property size
- 51,985 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 51,985 square foot shopping center in Guymon, Oklahoma, presents a compelling investment opportunity with a 7.25% cap rate and a strong NOI of $600,000. The property, located at 2501 US-64, boasts two units situated on a 10.53-acre lot. Priced at $8,250,000 ($144.27/sq ft), it offers a double net lease structure, minimizing landlord responsibilities. A significant investment of over $6,000,000 in tenant improvements has been made by Guymon Social, enhancing the property's value and appeal. Tractor Supply, a major tenant, recently signed a brand new 15-year lease extension, demonstrating long-term commitment to the location. Further strengthening the investment potential, rental increases are scheduled for 2026 and 2028, projected to boost NOI to $633,750. The property also includes a family entertainment center offering diverse attractions such as bowling, arcade games, axe throwing, billiards, ping pong, and a full-service restaurant, contributing to its robust tenant mix and overall profitability. This property is ideally suited for investors seeking a stable, high-return retail investment with significant upside potential. The property is located in Texas County, Oklahoma, zip code 73942.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Guymon
- County
- Texas
- State
- Oklahoma
- Longitude
- -101.483
- Latitude
- 36.7049
