701 W Shawnee Byp - Department Store FOR SALE


Muskogee, OK 74401
$15,500,000 USD
713-452-4200
701 W Shawnee Byp, Muskogee, OK for Sale
$15,500,000 USD
Department Store - FOR SALE
1/4
null | 7.86% Cap Rate

701 W Shawnee Byp
Muskogee, OK 74401


HIGHLIGHTS

  • National & Regional tenants with long term operating success
  • Below Market Rent
  • Regional Primary Trade Area

OVERVIEW

Marcus & Millichap been chosen as the exclusive advisor to offer for sale the fee simple interest in Three Rivers Plaza, a 111,050-square-foot regional shopping district located at the signalized intersection of State Highway 64 (Shawnee Avenue) and North 6th Street in Muskogee, Oklahoma. The center attracts more than three million customer visits per year, ranking in the states’ top percentile. T.J.maxx, Ulta Beauty, Hibbett Sports, Five Below and more provide daily necessity goods and services to a primary trade area of over 100,000 residents earning an average household income in excess of $58,000. The property is the dominant shopping center in the trade area. Three Rivers is 96% occupied with two in-line shop spaces ready for immediate lease-up.

FOR SALE DETAILS

PRICE

$15,500,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

7.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three Rivers Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.61 AC

LAND SF

505,732 SF

ZONING

Commercial

APN/PARCEL ID

54013

ASK ABOUT THIS PROPERTY

James BellMarcus & MillichapMore Info
713-452-4200

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James BellMarcus & MillichapMore Info
713-452-4200

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