124 State Highway 10 - Freestanding FOR SALE


Kansas, OK 74347
$175,000 USD
305-206-1286
124 State Highway 10, Kansas, OK for Sale
$175,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

124 State Highway 10
Kansas, OK 74347


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Dollar General | Built 2011 | 6K VPD | AUCTION OCTOBER 19-21
  • Freestanding Retail with Built-In Upside - ±9,186 SF on ±1.03 acres offers a flexible layout for lease-up, owner use, or repositioning.
  • Open Layout Supports Multiple Reuse Paths - Former Dollar General configuration suits office, service, educational, commercial, or other uses.
  • Growing Northeast Oklahoma Trade Area - The 5-mile market includes 4,000+ residents with average household income above $74,000.
  • High-Visibility State Highway 10 Frontage - ±188 feet of exposure near Tulsa Avenue captures traffic of approximately 6,254 vehicles daily.
  • Strategic Access Near U.S. Highway 412 - Just ±0.5 mile away, this regional corridor connects the site with Tulsa and Northwest Arkansas.

OVERVIEW

Brokered by Marcus & Millichap, 124 State Highway 10 in Kansas, Oklahoma is a vacant ±9,186 SF freestanding retail building on ±1.03 acres offered significantly below replacement cost, presenting an attractive opportunity for owner-users, investors, or developers to acquire a highly visible retail asset at an exceptional basis. Built in 2011 and formerly occupied by Dollar General, the Property features an open floor plan, 29 parking spaces, approximately 188 feet of State Highway 10 frontage, and a 17.6-foot building height. The site is near Tulsa Avenue, which carries ±6,254 VPD, and approximately 0.5 mile from U.S. Highway 412, providing regional connectivity toward Tulsa and Northwest Arkansas. CoStar estimates retail market rent at approximately $14 PSF NNN. The City of Kansas does not maintain conventional zoning districts, creating flexibility for potential retail, office, educational, service, and other commercial uses, subject to municipal approval and buyer verification. Offered below replacement cost, the Property presents a compelling opportunity for owner occupancy, lease-up, adaptive reuse, or repositioning.

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$22 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction-REIT Sale | Former Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

-

APN/PARCEL ID

0085506

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.