37850 Old 59 hwy - Freestanding FOR SALE


Howe, OK 74940
$5,156,188 USD
310-408-8886
37850 Old 59 hwy, Howe, OK for Sale
$5,156,188 USD
Freestanding - FOR SALE
1/3
null | 8.75% Cap Rate

37850 Old 59 hwy
Howe, OK 74940


HIGHLIGHTS

  • Triple Net Lease Investment with 8.75% Cap Rate and 1.5% Annual Rent Increases
  • Nation's Best Holdings Tenant Operating 60+ Locations Across 18 States with Strong Growth
  • Dominant Market Position with No Direct Competition in Immediate Trade Area Creating Captive Customer Base
  • Essential Business Serving Hardware, Appliances, Sporting Goods, Garden Supplies, Feed and Fuel Needs
  • 94,293 SF Building on 27.59 Acres with Over 30 Years of Established Operations in Howe, Oklahoma
  • Regional Destination Store Serving Le Flore County and Broader Fort Smith MSA with Deep Community Ties

OVERVIEW

Kyle Matthews Matthews Real Estate Investment Services, Inc 180760, 180759 (OK) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$5,156,188 USD

PRICE/SF

$55 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ron's Lumber And Home Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

38.4 AC

LAND SF

1,672,558 SF

ZONING

-

APN/PARCEL ID

0000-23-06N-25E-0-026-00

ASK ABOUT THIS PROPERTY

Aria PournazarianMatthews Real Estate Investment ServicesMore Info
310-408-8886

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Aria PournazarianMatthews Real Estate Investment ServicesMore Info
310-408-8886

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