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13002-13070 Commerce St. 20,109 SF 100% Leased Retail Building Elgin, OK 73538 $5,876,823 CAD ($292.25 CAD/SF) 6.81% Cap Rate



INVESTMENT HIGHLIGHTS
- 100% Occupied
- Near both I-44 and Hwy 277
- Newly built in 2022
EXECUTIVE SUMMARY
Investment property for sale in Elgin, OK! Featuring Elgin's Newest shopping center, Elgin Square. Financials available upon signing a Non-Disclosure Agreement. This center is fully occupied. Ample parking for all suites. Minutes away from Hwy 277 and I-44. Tenants include Rising Eagle Brewery, Eagle's Lounge, Century 21 Realty, Luna Rae, Fee Mue Thai Cuisine, Hilliary, Allure Tanning, SW Driving School, West Wing Boutique and Burritos Mico. Rising Eagle Brewery and Burritos Mico both have outdoor seating. Nearby businesses include Arvest Bank, McDonalds, and Braum's.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,109 SF
Year Built
2022
Price
$5,876,823 CAD
Price Per SF
$292.25 CAD
Cap Rate
6.81%
NOI
$400,224 CAD
Percent Leased
100%
Building Height
1 Story
Zoning
Commercial - Commercial
Parking
23 Spaces (0.92 Spaces per 1,000 SF Leased)
Frontage
270’ on Commerce Drive
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
1 of 13
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13002-13070 Commerce St.
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