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Mustang Shopping Center Conversion 1020 E State Highway 152 6,005 SF Vacant Retail Building Mustang, OK 73064 $5,695,000 ($948.38/SF) 5.70% Cap Rate

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Executive Summary

Newmark Robinson Park is pleased to offer the opportunity to acquire a 6,005-square-foot, fully leased retail center located at 1020 E State Highway 152 in Mustang, Oklahoma. The Property presents a compelling opportunity to acquire a stabilized retail asset featuring four national and rapidly expanding restaurant concepts: 7 Brew, Mo’ Bettah’s, Wingstop, and Jersey Mike’s. Together, these brands create a highly complementary tenant mix centered on daily-needs, drive-thru, fast-casual, and quick-service demand.

152 HWY 1020_OM_without financials_2026 09 01-rd sz

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Restaurant

Building Size

6,005 SF

Building Class

Year Built

2013

Price

$5,695,000

Price Per SF

$948.38

Cap Rate

5.70%

NOI

$324,860

Percent Leased

Vacant

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.09

Lot Size

1.49 AC

Zoning

Commercial

Parking

92 Spaces (12.77 Spaces per 1,000 SF Leased)

Frontage

171’ on Ok-152 Hwy

Signage

Tenant Controlled HVAC

Wheelchair Accessible

Air Conditioning

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
6,005 SF
Retail
Outparcel
Now

New Multi-Tenant Shopping Center Conversion

Space	Size	Space Use	Position	Available
1st Floor	6,005 SF	Retail	Outparcel	Now

Size

6,005 SF

Space Use

Retail

Position

Outparcel

Available

Now

Property Taxes

Parcel Number	090114097	Improvements Assessment	$153,344
Land Assessment	$85,558	Total Assessment	$238,902

Property Taxes

Parcel Number

090114097

Land Assessment

$85,558

Improvements Assessment

$153,344

Total Assessment

$238,902

(405) 602-2989

Contacts

Jay Cohlmia
Michael Rapella
Newmark Robinson Park

Listing ID: 42020681
Date on Market: 9/2/2026
Last Updated:
Address: 1020 E State Highway 152, Mustang, OK 73064

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Mustang Shopping Center Conversion | 1020 E State Highway 152

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