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139 W Shawnee St 9,500 SF 100% Leased Retail Building Muskogee, OK 74401 $2,351,326 CAD ($247.51 CAD/SF) 8.08% Cap Rate



Investment Highlights
- Attractive Yield with In-Place Income
- Prime Retail Corridor with National Anchors
- Modern Retail Construction (2016)
- Small-Ticket Investment with Strong Tenant Mix
Executive Summary
The Offering Memorandum presents 139 W Shawnee as a 9,500 SF modern retail center built in 2016 and positioned within one of Muskogee’s strongest commercial corridors. The property includes three individual units and is currently 100% occupied, offering both stable in-place income and meaningful upside through lease-up of the remaining vacancy. Situated on a 41,859 SF lot, the center benefits from excellent frontage and visibility along W Shawnee Street, which carries a traffic count of 18,300 vehicles per day. The asset is offered at a price of $1,720,000, equating to an attractive $181 per square foot relative to newer construction retail in the market. The surrounding trade area is anchored by national retailers such as Walmart, Ross, T.J. Maxx, McDonald’s, Red Lobster, Golden Corral, and Bricktown Brewery, all shown on the retailer map). Demographics within a five-mile radius include nearly 37,000 residents with average household incomes approaching $63,000, reinforcing sustained retail demand. With F1 zoning and a contemporary layout, the center is suited for a wide range of retail, restaurant, and service-based tenants seeking modern space in a high-traffic corridor). Overall, the Offering Memorandum highlights 139 W Shawnee as a stable, well-located retail asset with both immediate income and compelling long-term value-add potential in a growing regional market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,500 SF
Building Class
B
Year Built
2017
Price
$2,351,326 CAD
Price Per SF
$247.51 CAD
Cap Rate
8.08%
NOI
$190,001 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.15 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
72 Spaces (7.58 Spaces per 1,000 SF Leased)
Frontage
167’ on Shawnee st
Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Property Taxes
| Parcel Number | 10354 | Improvements Assessment | $98,993 CAD |
| Land Assessment | $36,309 CAD | Total Assessment | $135,302 CAD |
Property Taxes
Parcel Number
10354
Land Assessment
$36,309 CAD
Improvements Assessment
$98,993 CAD
Total Assessment
$135,302 CAD
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139 W Shawnee St
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