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Chisholm Mall 1206 N Highway 81

155,000 SF 100% Leased Retail Building Duncan, OK 73533 £1,961,025 (£13/SF) 8.32% Net Initial Yield

Executive Summary

Prime location in the heart of Duncan Oklahoma's Central Retail District on Hwy 81. Over 27,000 VPD verified. Fantastic value add opportunity and rental rate growth. Currently over 85% occupied with both new and long-term tenants. 3 major restaurants, 3 specialty cafes, a wide range of retail and service providers.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
155,000 SF
Building Class
B
Year Built/Renovated
1965/1991
Price
£1,961,025
Price Per SF
£13
Net Initial Yield
8.32%
NOI
£163,157
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.32
Land Acres
11.00 AC
Zoning
C5
Parking
1,200 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
1,200 ft on Highway 81 N

Amenities

  • Enclosed Mall
Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1077-00-001-001-0-000-00
Land Assessment
£49,573
Improvements Assessment
£107,541
Total Assessment
£157,114
  • Listing ID: 28463412

  • Date on Market: 11/05/2023

  • Last Updated:

  • Address: 1206 N Highway 81, Duncan, OK 73533

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