2501 W Main St
Durant, OK 74701
Magnolia Crossing · Retail Property For Sale
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
About 2501 W MAIN ST , DURANT, OK 74701
PORTFOLIO OFFERING Land Run Commercial is proud to offer for purchase an investment portfolio comprised of Shoppes on the Creek Phases 1 & 2 (Seminole, OK), Magnolia Crossing (Durant, OK) and Washington Plaza (Idabel, OK). These properties can be purchased as a portfolio or separately (but for Shoppes on the Creek Phase 2). Ownership will not sell phase 2 as an individual asset. Shoppes on the Creek (Seminole, OK): Phase 1 built in 2014. Tenants: Hibbett Sports, Aaron's, Pizza Hut, US Cellular, etc. Phase 2 built in 2017. Tenants include Dollar Tree, Cricket Wireless, and a vacant 1,300 sf. Sale Price for both phases: $5,400,000. NOI: $395,692 Magnolia Crossing (Durant, OK): Built in 2015, this new construction strip center has PetSense, Shoe Sensation, Verizon, Jimmy's Egg, Firehouse Subs, Lotus Nail Salon and a vacant 1,915 sf. Sale Price: $4,236,000. NOI: $307,097 Washington Plaza (Idabel, OK): Built in 1976, renovated in 2008. Tenants include: Dollar General, Stage, Factory Connection and Idabel Gymnastics. Sale Price: $2,076,000. NOI: $166,117.
Property Taxes
| Parcel Number | A399-25-06S-08E-4-020-00 | Improvements Assessment | $1,640,425 |
| Land Assessment | $1,060,000 | Total Assessment | $2,700,425 |
Property Taxes
