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13002-13070 Commerce St.

20,109 SF 78% Leased Retail Building Elgin, OK 73538 $4,310,000 ($214/SF) 6.08% Cap Rate

Executive Summary

Investment property for sale in Elgin, OK! Featuring Elgin's Newest shopping center, Elgin Square. This center only has one unit left for lease. Ample parking for all suites. Minutes away from Hwy 277 and I-44. Tenants include Rising Eagle Brewery, Century 21 Realty, Luna Rae, Fee Mue Thai Cuisine, Hilliary, Eagle's Lounge, Allure Wellness, SW Driving School and Burritos Mico. Rising Eagle Brewery, and Burritos Mico both have outdoor seating. Nearby businesses include Arvest Bank, McDonalds, and Braum's. Financials available to a qualified buyer, a Non Disclosure Agreement will be required. A one acre pad ready site , as shown on flyer, is also available to be purchased separately.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,109 SF
Year Built
2022
Price
$4,310,000
Price Per SF
$214
Cap Rate
6.08%
NOI
$262,105
Percent Leased
78%
Building Height
1 Story
Zoning
Commercial - Commercial
Parking
23 Spaces (0.92 Spaces per 1,000 SF Leased)
Frontage
270 FT on Commerce Drive

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 13022
  • 4,377 SF
  • Retail
  • In-Line
  • Now

Stubbed in Plumbing. Electrical Box.

Space Size Space Use Position Available
13022 4,377 SF Retail In-Line Now

13022

Size
4,377 SF
Space Use
Retail
Position
In-Line
Available
Now

13022

Size 4,377 SF
Space Use Retail
Position In-Line
Available Now

Stubbed in Plumbing. Electrical Box.

  • Listing ID: 31557411

  • Date on Market: 4/19/2024

  • Last Updated:

  • Address: 13002-13070 Commerce St., Elgin, OK 73538

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