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29448230
29448232

91 Sugarberry Trail, Broken Bow, OK 74728

BB
OK 177814, OH BRK.200900214 (+21)
Bang Realty
EK
TX 9007104
Trinity Real Estate Investment Services
MD
TX 657251
Trinity Real Estate Investment Services
CC
TX 697980
Trinity Real Estate Investment Services
Listed by Bang Realty, Trinity Real Estate Investment Services
$3,047,145
52 days on market
Updated 52 days ago

Broken Bow Strip Center in Oklahoma

Details
Property Type Industrial, Mixed Use (+3)
Sub Type Restaurant, Shopping Center (+1)
Square Footage 8,600
Units 5
Cap Rate 7%
NOI $213,300
Occupancy 100%
Tenancy Multi
Brand/Tenant Dollar General, Walgreens (+48)
Lease Type NN
Rent Bumps Yes
Lease Options Varies
Price per SqFt $354
Year Built 2023
Buildings 2
Stories 1
Acreage 5.800
Investment Type Net Lease
Tenant Credit Credit Rated, Franchisee (+2)
Ground Lease No
Ownership Fee Simple

Travel Destination | 2M Annual Visitors | Clean Passive Leases

Marketing description

Capitalize on a Rare Multi-Tenant Retail Opportunity in Broken Bow, Oklahoma

Invest in Prime Retail Space in one of the fastest-growing travel destinations in the U.S. Located in the Broken Bow Lake area, this premier multi-tenant property offers exceptional investment potential. With over 2 million annual visitors and a fivefold increase in short-term rental properties since 2018, the demand for retail in this region is rapidly expanding. Developed in 2023, the property was fully leased over a year before completion and features a strong mix of tenants, including a cell tower, restaurant, candy shop, gift shop, and a real estate office. Additionally, the site generates extra rental income from seasonal food trucks, further enhancing its value.

This property is strategically positioned on nearly 6 acres along Highway 259, the main route to Broken Bow Lake, providing high visibility and easy access for both locals and tourists. The growing tourism industry, supported by Vrbo data, makes this a rare investment in a high-demand retail hub. Don't miss this chance to acquire a fully leased retail center in one of the most sought-after recreational destinations in the country.

Contact us today to learn more about this unique opportunity in Hochatown, Oklahoma and take advantage of the region's booming retail market.

Cooperating Broker: Brian Brockman
Bang Realty-Oklahoma Inc | OK #177814
[email protected] | (513) 898-1551

Property Website: https://trinityreis.com/listing/91-sugarberry-trail/

Investment highlights

  • Rare Opportunity to Acquire Broken Bow Multi-Tenant Investment Opportunity

  • Broken Bow Lake Area is One of the Fastest Growing Travel Destinations in the US (Vrbo Data) – 2M Annual Visitors

  • Number of Short-Term Rentals Have Increased 5X Since 2018 (600 Units – Over 2,990 Units)

  • Location Fills Huge Retail Demand in Areas as Property Developed in 2023 with Full Lease Commitments on Project Over a Year Prior to Completion

  • Strong Tenant Mix of Restaurant Space, Candy Shop, Gift Shop, and Real Estate Company – Contact Agent for Details of Performance

  • Additional Rental Income (Not Factored Into NOI) from Seasonal Food Trucks

  • Business Opportunity for Gas Station Near Entrance and Road Access

  • Almost 6 Acre Lot Situated Along HWY 259 – Main Highway to Gain Access to Lake

Listing Contacts

BB
OK 177814, OH BRK.200900214 (+21)
Bang Realty
EK
TX 9007104
Trinity Real Estate Investment Services
MD
TX 657251
Trinity Real Estate Investment Services
CC
TX 697980
Trinity Real Estate Investment Services
Listed by Bang Realty, Trinity Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$213,300.00
$17,775.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Brian Brockman
License
OK #177814
Brokerage
Bang Realty-Oklahoma Inc
Title
Broker of Record
Name
Brian Brockman
License
177814
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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