Radio Road Retail Durant OK
Download Offering MemorandumProperty Overview
Address
493-497 Radio Road
Durant, OK 74701
Overview
Radio Road Retail (the “Property”) is a 100% occupied 51,390 square foot multi-tenant retail asset located at the northwest quadrant of Radio Road and W Main Street in Durant, Oklahoma. The Property is shadow anchored by Walmart Supercenter and has a diverse tenant mix including Clifton's Furniture, Boot Barn and Harbor Freight Tools.Over the past 12 months, the current ownership has made numerous improvements to the property. Improvements include a new roof coating, new flashing around HVAC units, replaced gutters & downspouts, repaired external metal panels, repaired parking lot damage, and repaired exterior lights.
Investment Highlights
Shadow anchored by Walmart Supercenter
Within one mile of Downtown Durant
100% leased to a diverse tenant mix
Prime location off W Main Street
A third of a mile from US Hwy 75 (45,500 cpd)
9+ years remaining on all leases
13.65% leveraged IRR – 56% national credit tenants
Team
Brokerage team
Founded in 2009, Edge Realty Partners is a leading commercial real estate firm providing brokerage, development and investment sales services. With offices in Austin/San Antonio, Dallas/Fort Worth, Houston, Miami, Phoenix, and Southern California, the Edge platform offers over $6.2 billion in investment sales experience, $1.5 billion in development experience and exclusively represents more than 250 tenants and over 10 million square feet of commercial space.
Get in Touch
- Phone
- 214.545.6900
- Address
- 5950 Berkshire Lane, Suite 700, Dallas, Texas 75225