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2510 W Main St 3,423 SF 100% Leased Retail Building Durant, OK 74701 $2,814,400 ($822.20/SF) 6.75% Cap Rate



Investment Highlights
- Newly constructed retail center completed in 2023 and 2024.
- Located at the signalized corner of West Main Street and Radio Road.
- Benefits from regional consumer draw extending into North Texas.
- Fully occupied by T-Mobile, Sport Clips, and HTeaO.
- Positioned within Durant's dominant retail corridor near major national retailers.
- Approximately four miles from Choctaw Casino & Resort.
Executive Summary
2510 W Main Street presents the opportunity to acquire a newly constructed, fully occupied multi-tenant retail center located within Durant's primary retail corridor. Completed in 2023 and 2024, the property consists of two modern retail buildings occupied by a complementary mix of tenants including T-Mobile, Sport Clips, and HTeaO under triple-net lease structures. The recent construction and stabilized occupancy provide investors with an asset designed for long-term income generation and limited near-term capital requirements.
Positioned at the signalized intersection of West Main Street and Radio Road, just west of U.S. Highway 69/75, the property benefits from exceptional visibility and convenient access within one of Southeastern Oklahoma's most active retail corridors. The surrounding trade area is anchored by major national retailers including Walmart Supercenter, Lowe's, Aldi, Harbor Freight, Walgreens, Boot Barn, and Chick-fil-A, creating a well-established shopping destination that attracts consistent consumer traffic throughout the region.
Durant serves as a regional commercial hub for retail, healthcare, education, and entertainment, drawing customers from Southeastern Oklahoma and North Texas. Additional demand drivers include Southeastern Oklahoma State University, AllianceHealth Durant, First United Bank, and a diverse employment base. The property's location approximately four miles from Choctaw Casino & Resort, one of Oklahoma's leading entertainment destinations, further expands its customer reach and supports ongoing retail activity. Combined with a diversified tenant roster, strong corridor positioning, and a separate parcel configuration that may provide future ownership flexibility, the asset offers a compelling investment opportunity in a growing regional market.
Positioned at the signalized intersection of West Main Street and Radio Road, just west of U.S. Highway 69/75, the property benefits from exceptional visibility and convenient access within one of Southeastern Oklahoma's most active retail corridors. The surrounding trade area is anchored by major national retailers including Walmart Supercenter, Lowe's, Aldi, Harbor Freight, Walgreens, Boot Barn, and Chick-fil-A, creating a well-established shopping destination that attracts consistent consumer traffic throughout the region.
Durant serves as a regional commercial hub for retail, healthcare, education, and entertainment, drawing customers from Southeastern Oklahoma and North Texas. Additional demand drivers include Southeastern Oklahoma State University, AllianceHealth Durant, First United Bank, and a diverse employment base. The property's location approximately four miles from Choctaw Casino & Resort, one of Oklahoma's leading entertainment destinations, further expands its customer reach and supports ongoing retail activity. Combined with a diversified tenant roster, strong corridor positioning, and a separate parcel configuration that may provide future ownership flexibility, the asset offers a compelling investment opportunity in a growing regional market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,423 SF
Building Class
B
Year Built
2023
Price
$2,814,400
Price Per SF
$822.20
Cap Rate
6.75%
NOI
$189,972
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.27 AC
Zoning
C - Commercial
Frontage
259’ on West Main Street
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | A399-25-06S-08E-4-036-00 | Improvements Assessment | $54,817 |
| Land Assessment | $55,000 | Total Assessment | $109,817 |
Property Taxes
Parcel Number
A399-25-06S-08E-4-036-00
Land Assessment
$55,000
Improvements Assessment
$54,817
Total Assessment
$109,817
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