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Ron's Lumber And Home Center 37850 Old 59 hwy 94,293 SF Retail Building Howe, OK 74940 $5,156,188 ($54.68/SF) 8.75% Cap Rate

Retail Buildings Oklahoma Howe 37850 Old 59 hwy, Howe, OK 74940

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Investment Highlights

  • Triple Net Lease Investment with 8.75% Cap Rate and 1.5% Annual Rent Increases
  • Dominant Market Position with No Direct Competition in Immediate Trade Area Creating Captive Customer Base
  • 94,293 SF Building on 27.59 Acres with Over 30 Years of Established Operations in Howe, Oklahoma
  • Nation's Best Holdings Tenant Operating 60+ Locations Across 18 States with Strong Growth
  • Essential Business Serving Hardware, Appliances, Sporting Goods, Garden Supplies, Feed and Fuel Needs
  • Regional Destination Store Serving Le Flore County and Broader Fort Smith MSA with Deep Community Ties

Executive Summary

Kyle Matthews
Matthews Real Estate Investment Services, Inc
180760, 180759 (OK)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Attachments

OM - Ron's Lumber- 37850 US-59

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
94,293 SF
Building Class
C
Year Built
1992
Price
$5,156,188
Price Per SF
$54.68
Cap Rate
8.75%
NOI
$451,166
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
38.40 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Source: Local Logic®

Property Taxes

Parcel Number 0000-23-06N-25E-0-026-00 Improvements Assessment $434,281
Land Assessment $16,644 Total Assessment $450,925

Property Taxes

Parcel Number
0000-23-06N-25E-0-026-00
Land Assessment
$16,644
Improvements Assessment
$434,281
Total Assessment
$450,925
(310) 408-8886

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 40636642

  • Date on Market: 5/22/2026

  • Last Updated:

  • Address: 37850 Old 59 hwy, Howe, OK 74940

The Retail Property at 37850 Old 59 hwy, Howe, OK 74940 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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37850 Old 59 hwy, Howe, OK for sale Building Photo- Image 1 of 4
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37850 Old 59 hwy, Howe, OK for sale Building Photo- Image 2 of 4
Ron's Lumber And Home Center 37850 US-59 - Howe OK, pic-1 WM
37850 Old 59 hwy, Howe, OK for sale Building Photo- Image 3 of 4
Ron's Lumber And Home Center 37850 US-59 - Howe OK, pic-2 WM
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Contact the Sale Advisors

Ron's Lumber And Home Center | 37850 Old 59 hwy

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