2230-2280 N Perkins Rd - Retail FOR SALE


Stillwater, OK 74075
$24,000,000 USD
844-585-7682
2230-2280 N Perkins Rd, Stillwater, OK for Sale
$24,000,000 USD
Retail - FOR SALE
1/7
null | 8% Cap Rate

2230-2280 N Perkins Rd
Stillwater, OK 74075


HIGHLIGHTS

  • Lakeview Pointe Shopping Center is a 207,404-Square-Foot Power Center; 95% Occupied (2.3 Million Annual Visits, Placer.ai)
  • Ross Dress for Less (NASDAQ: ROST; S&P: BBB+)
  • Best Buy (NYSE: BBY; S&P: BBB+)
  • 8.00% Existing Cap Rate; 8.93% Proforma Cap Rate; 2.71% CAGR; 30.68% NOI Growth Over 10 Years
  • Stable and Secure Investment with Long-Term Historical Occupancy and New Leasing Activity
  • Brand New Roofs Installed in 2024 - Transferable Warranties

OVERVIEW

Best Buy/ Ross Dress for Less-Anchored Retail Center | Ranked Top 12% of All Shopping Centers in OK (Placer.ai) | 2 Miles from Oklahoma State University (27,000 Students)

FOR SALE DETAILS

PRICE

$24,000,000 USD

PRICE/SF

$1,153 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeview Pointe | Stillwater, OK

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

600073275

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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