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Main Street Square 2 Retail Properties Offered at $3,892,608 CAD in Broken Arrow, OK
INVESTMENT HIGHLIGHTS
- Diversified Tenant Base
- On Site Parking
- 100% Leased NNN
- The Rose District is designated a Federal Opportunity Zone
EXECUTIVE SUMMARY
Main Street Square is located in the heart of Broken Arrow’s 100-year-old historical downtown and award winning Rose District. Through a collaborative public/private partnership The Rose District is now home to several museums and art galleries, a 1500-seat modern performing arts center, a pavilion that hosts a summer farmers market and numerous retail, entertainment and restaurant establishments. Rare opportunity to have a stake in this award winning arts and entertainment district.
Main Street Square-100% leased/NNN Leases and has experienced very little turnover.
303-319 South Main Street (Main Street Square) consists of approximately 38,500 square feet of surface, a freestanding 3,500 SF building that fronts Main Street and approximately 6,925 SF of leasable space behind that is comprised of five (5) separate tenant spaces that have been thoughtfully renovated in the past ten (10) years. The development has a 40 car parking lot and a total of six (6) well established tenants that make Main Street Square one of downtown Broken Arrow’s premier properties.
Principal of portfolio is licensed with The Oklahoma Real Estate Commission (OREC).
Main Street Square-100% leased/NNN Leases and has experienced very little turnover.
303-319 South Main Street (Main Street Square) consists of approximately 38,500 square feet of surface, a freestanding 3,500 SF building that fronts Main Street and approximately 6,925 SF of leasable space behind that is comprised of five (5) separate tenant spaces that have been thoughtfully renovated in the past ten (10) years. The development has a 40 car parking lot and a total of six (6) well established tenants that make Main Street Square one of downtown Broken Arrow’s premier properties.
Principal of portfolio is licensed with The Oklahoma Real Estate Commission (OREC).
PROPERTY FACTS
| Price | $3,892,608 CAD | Status | Active |
| Price / SF | $373.39 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.52% | Total Building Size | 10,425 SF |
| Sale Type | Investment NNN | Total Land Area | 0.88 AC |
| Price | $3,892,608 CAD |
| Price / SF | $373.39 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.52% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,425 SF |
| Total Land Area | 0.88 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 307-319 S Main St, Broken Arrow, OK 74012 | Retail | 6,925 SF | 1955 | - |
| 303 S Main St, Broken Arrow, OK 74012 | Retail | 3,500 SF | 1955 | - |
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