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 Nov 4, 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. .
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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
- VALUE-ADD Lease-up & Pad Sales
- #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.
Attachments
Getting around
-
55/100
Walk Score ®
-
44/100
Bike Score ®
Location
- City Muskogee, OK
- Zip Code 74401
Points of Interest
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Murphy USA
0.13 miles
-
Francis Energy
0.19 miles
-
Phillips 66
0.76 miles
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Sinclair
1.30 miles
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QuikTrip
1.89 miles
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Sunshine Convenience Store
1.94 miles
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Pilot
1.94 miles
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Broadway Corner
2.04 miles
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Toby's Pit Stop
2.08 miles
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Stop N Go
2.31 miles
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York Medical Executive Suites
2.23 miles
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Vallourec Star
3.84 miles
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Vallourec Star Security
4.04 miles
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Hilldale Independent School District
5.15 miles
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Sakura
0.06 miles
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Chili's
0.11 miles
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Subway
0.12 miles
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The Original Egg
0.19 miles
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McAlister's Deli
0.20 miles
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Colton's Steakhouse
0.20 miles
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Freddy's
0.22 miles
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Sugar Llamas
0.25 miles
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Chick-fil-A
0.28 miles
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Panda Express
0.34 miles
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Ross
0.03 miles
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Walmart Supercenter
0.11 miles
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ALDI
0.25 miles
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TJ Maxx
0.30 miles
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Arrowhead Mall
1.26 miles
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Bealls Outlet
1.43 miles
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Factory Connection
1.49 miles
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Big Lots
1.51 miles
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Supermercados Las Americas
1.92 miles
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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.
