Elgin Square 13002-13070 Commerce St. 24,866 SF 94% Leased 4-Star Retail Building Elgin, OK 73538 $5,749,428 CAD ($231.22 CAD/SF) 6.81% Cap Rate

Elgin Square offers an outstanding investment opportunity within one of Elgin’s fastest-growing commercial hubs. This newly constructed retail center, completed in 2022, spans 20,109 square feet and is fully occupied by a robust tenant mix, ensuring immediate income stability for an investor. Current occupants include well-known retailers, restaurants, and service providers such as Rising Eagle Brewery, Eagle’s Lounge, Century 21 Realty, Fee Mue Thai Cuisine, Hillary, SW Driving School, West Wing Boutique, and Burritos Mico, many of which feature outdoor seating options that enhance customer experience.
Strategically situated just minutes from I-44 and Highway 277, the center benefits from strong regional accessibility and high traffic flows. Surrounding businesses include nationally recognized brands like McDonald’s, Braum’s, and Arvest Bank, further reinforcing the property’s position in an active commercial corridor. With a cap rate of 6.81% and NOI of approximately $286,710, this property offers predictable cash flow and long-term upside potential. The combination of new construction, zero vacancy, and a desirable tenant lineup makes this center an attractive acquisition for investors seeking stability and growth in Southwest Oklahoma’s expanding retail market.