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Warehouse

Distribution Center

1801 E College Ave, McAlester, OK 74501

Listing Price: $1,200,000

Lot Size
2.94 acres
Year Built
1988
Rentable SF
89,151

Investment Overview

Marcus & Millichap is delighted to present 1801 E College Ave, located in McAlester, OK, to the market. This industrial property offers a remarkable opportunity with its expansive 89,151 square feet of rentable space, nestled on a generous 2.97-acre parcel in McAlester, Oklahoma. Originally constructed in 1987 and recently renovated in 2023, this Class C facility features a two-story structure boasting a clear height ranging from 12 to 24 feet. Comprising a blend of exterior and interior docks, including 15 drive-ins measuring 12 feet in width and 14 feet in height, the property also includes 4,000 square feet of office space.

Strategically located within the Light Industrial zone in the Oklahoma East Area of Pittsburg County, this property offers essential amenities such as air conditioning, skylights, a fenced lot, storage space, and floor drains. With a parking ratio of 0.39 spaces per 1,000 square feet, the property provides ample surface parking with 35 available spots. Situated within the McAlester CBSA and Tulsa DMA, this suburban submarket presents an excellent investment opportunity in a burgeoning locale.

Furthermore, the announcement of Stardust Power Inc.'s selection of Southside Industrial Park in Muskogee, Oklahoma, to establish a new battery-grade lithium refinery draws parallels to McAlester's potential. Stardust Power's decision, coupled with the expectation of receiving substantial state and federal economic incentives amounting to $257 million for the facility build-out, highlights the region's attractiveness for industrial development. This development aligns with McAlester's industrial landscape, underscoring the area's growth trajectory and investment potential for similar ventures.

Investment Highlights

  • Strategic Location: Situated in McAlester, Oklahoma, within the Light Industrial zone, the property benefits from a prime location in the growing Oklahoma East Area.
  • Versatile Features: The single-tenant facility offers a mix of exterior and interior docks, totaling 15 drive-ins, a clear height of 12 feet, and essential amenities.
  • Long-Term Potential: Heavy and attractive attributes for various commercial uses.
  • Enticing investment opportunity, complemented by a range of incentive programs aimed at fostering job creation and economic growth for prospective investors and owner-users alike.

Exclusively Listed By

Warehouse

Distribution Center

Listing Price: $1,200,000

Lot Size
2.94 acres
Year Built
1988
Rentable SF
89,151

Investment Highlights

  • Strategic Location: Situated in McAlester, Oklahoma, within the Light Industrial zone, the property benefits from a prime location in the growing Oklahoma East Area.
  • Versatile Features: The single-tenant facility offers a mix of exterior and interior docks, totaling 15 drive-ins, a clear height of 12 feet, and essential amenities.
  • Long-Term Potential: Heavy and attractive attributes for various commercial uses.
  • Enticing investment opportunity, complemented by a range of incentive programs aimed at fostering job creation and economic growth for prospective investors and owner-users alike.

Investment Overview

Marcus & Millichap is delighted to present 1801 E College Ave, located in McAlester, OK, to the market. This industrial property offers a remarkable opportunity with its expansive 89,151 square feet of rentable space, nestled on a generous 2.97-acre parcel in McAlester, Oklahoma. Originally constructed in 1987 and recently renovated in 2023, this Class C facility features a two-story structure boasting a clear height ranging from 12 to 24 feet. Comprising a blend of exterior and interior docks, including 15 drive-ins measuring 12 feet in width and 14 feet in height, the property also includes 4,000 square feet of office space. Strategically located within the Light Industrial zone in the Oklahoma East Area of Pittsburg County, this property offers essential amenities such as air conditioning, skylights, a fenced lot, storage space, and floor drains. With a parking ratio of 0.39 spaces per 1,000 square feet, the property provides ample surface parking with 35 available spots. Situated within the McAlester CBSA and Tulsa DMA, this suburban submarket presents an excellent investment opportunity in a burgeoning locale. Furthermore, the announcement of Stardust Power Inc.'s selection of Southside Industrial Park in Muskogee, Oklahoma, to establish a new battery-grade lithium refinery draws parallels to McAlester's potential. Stardust Power's decision, coupled with the expectation of receiving substantial state and federal economic incentives amounting to $257 million for the facility build-out, highlights the region's attractiveness for industrial development. This development aligns with McAlester's industrial landscape, underscoring the area's growth trajectory and investment potential for similar ventures.

Exclusively Listed By

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