901 E Washington St - Retail FOR SALE


Idabel, OK 74745
$2,376,230 USD
330-777-1505
901 E Washington St, Idabel, OK for Sale
$2,376,230 USD
Retail - FOR SALE
1/5
null | 7.25% Cap Rate

901 E Washington St
Idabel, OK 74745


HIGHLIGHTS

  • Site Commitment & Lease Term
  • Value-Add Opportunity
  • National Tenants
  • Investment Grade Credit
  • Strategic Location
  • Economic Drivers

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Tractor Supply & Veterans Affairs Center located at 901 E Washington Street in Idabel, Oklahoma (the “Property”). The Property consists of a 66,277 square foot building on 6.82 acres of land. The retail center features three units and is 54.19% occupied by Tractor Supply Company and the US Department of Veterans Affairs, both of whom have demonstrated commitment by extending their original leases. Tractor Supply currently has over 6 years of term remaining followed by three (3), 5-year options, while Veterans Affairs has 9 years of term remaining followed by two (2), 7-year options. The third unit is vacant and features 30,364 square feet of space, offering an excellent value-add opportunity through immediate lease-up or subdivision to bring in multiple tenants. The Property is located at 901 E Washington Street on the intersection with Avenue J with access from both roadways and strong visibility along Idabel’s primary commercial corridor. E Washington Street functions as the city’s main retail thoroughfare, supported by nearby anchors such as Walmart Supercenter, Choctaw Casino–Idabel, and McCurtain Memorial Hospital, while Idabel serves as the county seat and principal commercial center for McCurtain County. The location also benefits from convenient access to U.S. Routes 259 and 70, providing connectivity throughout southeastern Oklahoma and into Texas and Arkansas, and is further supported by visitor traffic associated with nearby Broken Bow and Hochatown—one of the region’s most popular vacation destinations centered around Broken Bow Lake and Beavers Bend State Park.

FOR SALE DETAILS

PRICE

$2,376,230 USD

PRICE/SF

$36 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply and Veterans Affairs Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

435

LAND DETAILS

LAND ACRES

6.5 AC

LAND SF

283,140 SF

ZONING

no zoning

APN/PARCEL ID

1399-32-07S-24E-4-013-00

ASK ABOUT THIS PROPERTY

Steven SchiavelloHorvath & TremblayMore Info
330-777-1505

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Steven SchiavelloHorvath & TremblayMore Info
330-777-1505

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