Listed by Insight Commercial Real Estate
$4,210,000
Elgin Square
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 20,109
Units 10
Cap Rate 6.23%
NOI $262,105
Occupancy 78%
Price per SqFt $209
Class A
Year Built 2022
Buildings 1
Stories 1
Zoning Commercial
Retail | 6.23% CAP | 20,109 SqFt
Marketing description
Investment property for sale in Elgin, OK! Featuring Elgin's Newest shopping center, Elgin Square. Financials available upon signing a Non-Disclosure Agreement. This center is fully occupied. Ample parking for all suites. Minutes away from Hwy 277 and I-44. Tenants include Rising Eagle Brewery, Eagle's Lounge, Century 21 Realty, Luna Rae, Fee Mue Thai Cuisine, Hilliary, Allure Tanning, SW Driving School, West Wing Boutique and Burritos Mico. Rising Eagle Brewery and Burritos Mico both have outdoor seating. Nearby businesses include Arvest Bank, McDonalds, and Braum's.
Investment highlights
Newly built in 2022
Near both I-44 and Hwy 277
100% Occupied
Listing Contacts
Listed by Insight Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$262,105.00
$21,842.08/mo
Valuation Metrics
0
DSCR
6.23%
Cap Rate
6.23%
ROI
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