Owl's Nest Plaza 7602 Us-277 Hwy 5,200 SF 100% Leased Retail Building Elgin, OK 73538 $1,100,000 ($211.54/SF) 7.99% Cap Rate

Prime Commercial Investment Opportunity with Frontage Building Site Included – Highway 277 Frontage | Elgin, OK
Property Highlights:
* Cap rate does not reflect approx. 3,700 sq ft and 75 linear ft. of frontage that is prime and ready for expansion.
* High-Visibility Location – Situated directly on Highway 277, the primary thoroughfare through Elgin.
* Rapidly Growing Market – Elgin is experiencing strong commercial and residential development, attracting national and regional tenants.
* ODOT Highway Expansion – Highway 277 is in the final stages of a state-led widening project, which will significantly increase traffic counts, improve visibility, and enhance ingress/egress.
* Excellent Accessibility – Property features two double-lane driveways providing easy access to and from Hwy 277.
* Strong Surrounding Tenancy – A newly built national auto parts retailer is located immediately east of the property, with a major fuel/convenience store currently under construction to the west. Additional commercial and residential projects are underway to the north.
* Established Cash Flow – Four successful, long-standing businesses currently operate on-site.
* Expansion Potential – Approximately 3,700 sq. ft. of prime frontage land is available for future development, included with the purchase.
* Exclusions – On-site storage facility not included. Seller to retain perpetual easement rights to those units.
* Current Opportunity - Sell is considering expanding for a successful franchisee.
Investment Summary: This property offers investors the rare combination of stable existing tenants and immediate development upside. With strong surrounding commercial activity, state-funded infrastructure improvements, and prime Hwy 277 frontage, the site is well-positioned to capture the ongoing growth in Elgin.