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Shopping Community

Three Rivers Plaza

701 W Shawnee Bypass, Muskogee, OK 74401

Listing Price: $15,500,000

Cap Rate
7.86%
Gross SF
111,050
Rentable SF
111,050
Price/Gross SF
$139.58
Lot Size
11.61 acres
Year Built
2015

Investment Overview

Marcus & Millichap been chosen as the exclusive advisor to offer for sale the fee simple interest in Three Rivers Plaza, a 111,050-square-foot regional shopping district located at the signalized
intersection of State Highway 64 (Shawnee Avenue) and North 6th Street in Muskogee, Oklahoma. The center attracts more than three million customer visits per year, ranking in the states’ top percentile.

T.J.maxx, Ulta Beauty, Hibbett Sports, Five Below and more provide daily necessity goods and services to a primary trade area of over 100,000 residents earning an average household income in excess of $58,000.
The property is the dominant shopping center in the trade area. Three Rivers is 96% occupied with two in-line shop spaces ready for immediate lease-up.

Investment Highlights

  • National & Regional tenants with long term operating success
  • Below Market Rent
  • Regional Primary Trade Area

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Shopping Community

Three Rivers Plaza

Listing Price: $15,500,000

Cap Rate
7.86%
Gross SF
111,050
Rentable SF
111,050
Price/Gross SF
$139.58
Lot Size
11.61 acres
Year Built
2015

Investment Highlights

  • National & Regional tenants with long term operating success
  • Below Market Rent
  • Regional Primary Trade Area

Investment Overview

Marcus & Millichap been chosen as the exclusive advisor to offer for sale the fee simple interest in Three Rivers Plaza, a 111,050-square-foot regional shopping district located at the signalized intersection of State Highway 64 (Shawnee Avenue) and North 6th Street in Muskogee, Oklahoma. The center attracts more than three million customer visits per year, ranking in the states’ top percentile. T.J.maxx, Ulta Beauty, Hibbett Sports, Five Below and more provide daily necessity goods and services to a primary trade area of over 100,000 residents earning an average household income in excess of $58,000. The property is the dominant shopping center in the trade area. Three Rivers is 96% occupied with two in-line shop spaces ready for immediate lease-up.

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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