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Shopping Strip

Dollar Tree Plaza

1911 E Washington St, Idabel, OK 74745

Listing Price: $3,335,000

Cap Rate
7.06%
Gross SF
19,515
Rentable SF
19,515
Price/Gross SF
$170.89
Lot Size
1.86 acres
Year Built
2004

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a 19,515-square-foot, multi-tenant retail center located in Idabel, Oklahoma. The subject property is 100 percent leased to national retailers, of which 93 percent have occupied the center for 15 or more years. Anchored by Dollar Tree and Hibbett Sports, other tenants include CATO, Edward Jones, and US Cellular. Constructed in 2004, the building is situated on 1.86 acres with ample paved parking.

Idabel Dollar Tree Plaza is located on Washington Street with traffic counts in front of the property exceeding 10,031 vehicles per day. Shadow-anchored by Walmart Supercenter, the subject property is near other national and regional retailers including Subway, Pizza Hut, First Bank, KFC, Taco Bell, Sonic Drive-In, Harbor Freight Tools, AutoZone Auto Parts, O'Reilly Auto Parts, Tractor Supply Co., Braum's Ice Cram & Dairy Store, and many more. The 10-mile population is approximately 15,535 residents having an average household income of $54,604.

Investment Highlights

  • 19,515-Square-Foot, Multi-Tenant Retail Center | 100% Occupied | All Leases are Triple-Net
  • Shadow-Anchored by Walmart Supercenter | Major Traffic Driver to the Area with 1.7 Million Visits Annually (source: Placer.ai)
  • Strong Tenant Base Featuring 100% National Tenants | 94% of the GLA is Leased to Publicly Traded Companies
  • Landlord Reports a New TPO Roof was Installed in 2018 with a 20-Year Warranty

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Shopping Strip

Dollar Tree Plaza

Listing Price: $3,335,000

Cap Rate
7.06%
Gross SF
19,515
Rentable SF
19,515
Price/Gross SF
$170.89
Lot Size
1.86 acres
Year Built
2004

Investment Highlights

  • 19,515-Square-Foot, Multi-Tenant Retail Center | 100% Occupied | All Leases are Triple-Net
  • Shadow-Anchored by Walmart Supercenter | Major Traffic Driver to the Area with 1.7 Million Visits Annually (source: Placer.ai)
  • Strong Tenant Base Featuring 100% National Tenants | 94% of the GLA is Leased to Publicly Traded Companies
  • Landlord Reports a New TPO Roof was Installed in 2018 with a 20-Year Warranty

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a 19,515-square-foot, multi-tenant retail center located in Idabel, Oklahoma. The subject property is 100 percent leased to national retailers, of which 93 percent have occupied the center for 15 or more years. Anchored by Dollar Tree and Hibbett Sports, other tenants include CATO, Edward Jones, and US Cellular. Constructed in 2004, the building is situated on 1.86 acres with ample paved parking. Idabel Dollar Tree Plaza is located on Washington Street with traffic counts in front of the property exceeding 10,031 vehicles per day. Shadow-anchored by Walmart Supercenter, the subject property is near other national and regional retailers including Subway, Pizza Hut, First Bank, KFC, Taco Bell, Sonic Drive-In, Harbor Freight Tools, AutoZone Auto Parts, O'Reilly Auto Parts, Tractor Supply Co., Braum's Ice Cram & Dairy Store, and many more. The 10-mile population is approximately 15,535 residents having an average household income of $54,604.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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