Contacts

James Bell

Investment Sales

Sunny Sajnani

CAPITAL MARKETS

Bill Rose

Investment Sales

Adam Mengacci

CAPITAL MARKETS

Steve Greer

Broker of Record

Parker Wada

Investment Sales

Reed Hamilton

Investment Sales

Property Details

Property Type Retail
Additional Rent Contact for pricing
Year Built 2006
Date Updated Dec 20, 2024

Institutional Property Advisors has been chosen as the exclusive advisor to offer for sale the fee simple interest in a two-property portfolio consisting of River City Plaza and Three Rivers Plaza, a combined 460,000-square-foot super regional shopping district located at the signalized intersection of State Highway 62 (Shawnee Avenue) and North 6th Street in Muskogee, Oklahoma. The offering includes two power centers consisting of 247,080 square feet on approximately 27.4-acres. The centers attract more than three million customer visits per year, ranking in the states’ top percentile. Walmart Grocery Supercenter (n.o.), Ross, T.J. maxx, Burlington (Grand Opening October 5th), Ulta Beauty, Hibbett Sports, Dollar Tree, Five Below, Petco and more provide daily necessity goods and services to a primary trade area of over 100,000 residents earning an average household income in excess of $58,000. .

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

NATIONAL CREDIT TENANTS 83% of the Gross Leasable Area is Occupied by National & Regional Credit Tenants on Long-term Operating Success
RELIABLE CASH FLOW 75% of the Net Operating Income is Generated by Investment Grade Tenants and National Private Equity Retailers.
BELOW MARKET RENT 50% of Leases Open to Market Rent Reset
#1 RANKED POWER CENTERS Drawing over 3 million Customer Visits Annually Within a 30-Minute Drive Time.
HIGH QUALITY CONSTRUCTION & CURB APPEAL Well Maintained and Professionally Managed.
LARGE PRIMARY TRADE AREA The Centers Serve an Area Three Times the Citys Population Generating 2/3 of County Retail Sales.

Getting around

55/100
Walk Score ®
44/100
Bike Score ®

Powered by Walk Score ®

City Muskogee, OK
Zip Code 74401

Points of Interest

Murphy USA

0.13 miles
Francis Energy

0.19 miles
Phillips 66

0.76 miles
Sinclair

1.30 miles
QuikTrip

1.89 miles
Sunshine Convenience Store

1.94 miles
Pilot

1.94 miles
Broadway Corner

2.04 miles
Toby's Pit Stop

2.08 miles
Stop N Go

2.31 miles

York Medical Executive Suites

2.23 miles
Vallourec Star

3.84 miles
Vallourec Star Security

4.04 miles
Hilldale Independent School District

5.15 miles

Sakura

0.06 miles
Chili's

0.11 miles
Subway

0.12 miles
The Original Egg

0.19 miles
McAlister's Deli

0.20 miles
Colton's Steakhouse

0.20 miles
Freddy's

0.22 miles
Sugar Llamas

0.25 miles
Chick-fil-A

0.28 miles
Panda Express

0.34 miles

Ross

0.03 miles
Walmart Supercenter

0.11 miles
ALDI

0.25 miles
TJ Maxx

0.30 miles
Arrowhead Mall

1.26 miles
Bealls Outlet

1.43 miles
Factory Connection

1.49 miles
Big Lots

1.51 miles
Supermercados Las Americas

1.92 miles
Shoppers Saver Foods

2.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.