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T-Mobile & Sport Clips Retail Center 2510 W Main St

3,423 SF 100% Leased Retail Building Durant, OK 74701 £1,158,340 (£338/SF) 6.25% Net Initial Yield

Investment Highlights

  • Brand New 2023 NNN Development in Durant, OK
  • Each Tenant Recently Signed New Long Term Leases
  • Located in an Extremely Dense Retail Corridor Near Several Schools and Universities, Walmart, Lowes, and Harbor Freight
  • 100% Occupied 2-Tenant Retail Center With National Tenants, T-Mobile & Sports Clips
  • Attractive Rent Increases in The Primary Term
  • Easy Access From State Highway 75 With 35,000 VPD and Great Visibility Along W Main Street Generating 17,000+ VPD

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a T-Mobile & Sport Clips Retail Center in Durant, OK. The subject property is a brand new 2023 NNN development with both tenants recently signing new long term leases.
State Broker: Brian Brockman
store@bangrealty.com | (513) 898-1551

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
3,423 SF
Building Class
B
Year Built
2023
Price
£1,158,340
Price Per SF
£338
Net Initial Yield
6.25%
NOI
£72,396
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Land Acres
0.27 AC
Frontage
259 ft on West Main Street

Nearby Major Retailers

Anytime Fitness
Chili's
Rent-A-Center
Buddy's Home Furnishings
Rib Crib
Cadence Bank
Stop & Shop
Boomarang Diner
Starbucks
United Rentals

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A399-25-06S-08E-4-036-00
Land Assessment
£4,339
Improvements Assessment
£2,264
Total Assessment
£6,604
  • Listing ID: 32000356

  • Date on Market: 03/06/2024

  • Last Updated:

  • Address: 2510 W Main St, Durant, OK 74701

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