East Highway 51
Retail | 66,200 SqFt
Marketing description
SVN Oak Realty Advisors is pleased to present the exclusive offering of 51 West, a 7.07-acre proposed commercial subdivision located at East Highway 51 in Broken Arrow, Oklahoma. This premier development opportunity features 66,200 square feet of planned retail and office space, offering a highly visible footprint for a diverse tenant base. Ideally positioned along a primary commercial corridor with 848 feet of highway frontage, the property benefits from 29,407 vehicles per day and exceptional local demographics, making it a compelling opportunity for development-focused investors.
The site plan offers 12 distinct lots and features three dedicated curb cuts—physical advantages that support immediate accessibility and long-term tenant demand. With an aggregate undeveloped land value of $3.0 million, the site offers investors a significant value creation opportunity through ground-up construction. Upon completion of the planned improvements, the subdivision boasts a projected developed value of $6.01 million, driving substantial returns.
Supported by an average household income of $86,680 within a three-mile radius, the project is positioned to capture expanding disposable income from a rapidly growing workforce. This strong consumer base presents a meaningful opportunity for near-term leasing momentum across the retail and office components. The property's central location near major growth drivers, including the upcoming $103 million Sunset Amphitheater, ensures continuous visibility and long-term tenant demand.
Investment highlights
- Strategically positioned along East Highway 51 in Broken Arrow, OK, this property boasts unmatched proximity to key retail, dining, and entertainment hubs. Its location within a high-demand area provides excellent visibility and accessibility, making it a top choice for both businesses and residents. Nearby highways and major roads ensure convenient access for commuters, enhancing its appeal for long-term tenancy and business operations.
- The Broken Arrow area continues to show robust growth, with increasing demand for both residential and commercial properties. The local market's strong fundamentals, supported by a growing population and thriving economy, ensure long-term value for investors. With favorable local economic conditions and increasing development activity, this property stands to benefit from continued appreciation.
- East Highway 51 offers seamless ingress and egress to the property, ensuring ease of access for vehicles and pedestrians alike. The property's design facilitates smooth entry and exit points, crucial for both businesses and residents. Its central location further reduces congestion, allowing for quicker and more efficient movement, which is particularly important in high-traffic areas.
- The property sits along a well-traveled corridor with a high traffic count, providing exceptional visibility and exposure. With daily traffic volumes of 29,407 vehicles, the location ensures maximum exposure to potential customers, clients, or residents. This high traffic count supports strong leasing demand and positions the property for success in attracting high-quality tenants and business prospects.
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