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Tractor Supply and Veterans Affairs Center 901 E Washington St 66,277 SF 54% Leased Retail Building Idabel, OK 74745 $2,376,230 ($35.85/SF) 7.25% Cap Rate



Investment Highlights
- Site Commitment & Lease Term
- National Tenants
- Strategic Location
- Value-Add Opportunity
- Investment Grade Credit
- Economic Drivers
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Tractor Supply & Veterans Affairs Center located at 901 E Washington Street in Idabel, Oklahoma (the “Property”). The Property consists of a 66,277 square foot building on 6.82 acres of land. The retail center features three units and is 54.19% occupied by Tractor Supply Company and the US Department of Veterans Affairs, both of whom have demonstrated commitment by extending their original leases. Tractor Supply currently has over 6 years of term remaining followed by three (3), 5-year options, while Veterans Affairs has 9 years of term remaining followed by two (2), 7-year options. The third unit is vacant and features 30,364 square feet of space, offering an excellent value-add opportunity through immediate lease-up or subdivision to bring in multiple tenants. The Property is located at 901 E Washington Street on the intersection with Avenue J with access from both roadways and strong visibility along Idabel’s primary commercial corridor. E Washington Street functions as the city’s main retail thoroughfare, supported by nearby anchors such as Walmart Supercenter, Choctaw Casino–Idabel, and McCurtain Memorial Hospital, while Idabel serves as the county seat and principal commercial center for McCurtain County. The location also benefits from convenient access to U.S. Routes 259 and 70, providing connectivity throughout southeastern Oklahoma and into Texas and Arkansas, and is further supported by visitor traffic associated with nearby Broken Bow and Hochatown—one of the region’s most popular vacation destinations centered around Broken Bow Lake and Beavers Bend State Park.
Property Facts
Sale Type
Investment
Property Type
Building Size
66,277 SF
Year Built
1981
Price
$2,376,230
Price Per SF
$35.85
Cap Rate
7.25%
NOI
$172,277
Percent Leased
54%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
6.82 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Tractor Supply
- -
- -
- -
- Dec 2032
- US Dept of Veterans Affairs
- -
- -
- -
- Jan 2035
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Tractor Supply | - | - | - | Dec 2032 | ||
| US Dept of Veterans Affairs | - | - | - | Jan 2035 |
Property Taxes
| Parcel Number | 1399-32-07S-24E-4-013-00 | Improvements Assessment | $119,335 |
| Land Assessment | $17,687 | Total Assessment | $137,022 |
Property Taxes
Parcel Number
1399-32-07S-24E-4-013-00
Land Assessment
$17,687
Improvements Assessment
$119,335
Total Assessment
$137,022
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Tractor Supply and Veterans Affairs Center | 901 E Washington St
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