Chisholm Mall | 1206 N Highway 81
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Chisholm Mall 1206 N Highway 81
155,000 SF 100% Leased Retail Building Duncan, OK 73533 $2,500,000 ($16/SF) 8.32% Cap Rate
Executive Summary
Prime location in the heart of Duncan Oklahoma's Central Retail District on Hwy 81. Over 27,000 VPD verified. Fantastic value add opportunity and rental rate growth. Currently over 85% occupied with both new and long-term tenants. 3 major restaurants, 3 specialty cafes, a wide range of retail and service providers.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
155,000 SF
Building Class
B
Year Built/Renovated
1965/1991
Price
$2,500,000
Price Per SF
$16
Cap Rate
8.32%
NOI
$208,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
11.00 AC
Zoning
C5
Parking
1,200 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
1,200 FT on Highway 81 N
Amenities
- Enclosed Mall
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1077-00-001-001-0-000-00 | Improvements Assessment | $137,098 |
Land Assessment | $63,198 | Total Assessment | $200,296 |
PROPERTY TAXES
Parcel Number
1077-00-001-001-0-000-00
Land Assessment
$63,198
Improvements Assessment
$137,098
Total Assessment
$200,296
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Chisholm Mall | 1206 N Highway 81
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