Enid Plaza
4110 W Owen K Garriott Rd, Enid, OK 73703
Marketing description
Enid Plaza is a 33,357 SF multi-tenant retail center, fully leased on a NNN basis to two nationally backed retailers. The property is anchored by pOpshelf, Dollar General's higher-margin retail concept operating on a fresh 10-year term, alongside Burke's Outlet (Bealls Inc.), an established off-price operator committed through 2033 with multiple renewal options extending to 2058. With 100% occupancy, minimal landlord responsibilities, and two credit tenants carrying long-term commitments, the center offers a passive, stabilized income stream with built-in term security — a clean acquisition opportunity in a growing secondary market.
Enid Plaza is located along W Owen K Garriott Road, one of Enid's primary east-west retail corridors serving northwest Oklahoma. The center sits within an established retail node with strong daily traffic counts and surrounding national and regional draws.
Investment highlights
- 100% occupied by two nationally-backed retailers on NNN leases with minimal landlord responsibility
- Investment-grade anchor — pOpshelf, Dollar General's (NYSE: DG) higher-margin concept, on a fresh 10-year term
- Long-term stability — Burke's Outlet (Bealls Inc.) committed through January 2033 with options stacked to 2058
- Passive income stream — stabilized in-place NOI of $317,151 with true triple-net structure
- Strong retail location on a primary Enid corridor within an established national retail node
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