Taylor Development Strip Center
418 S. George High Expressway, McAlester, OK 74501
Retail Investment for Sale
Sale Price: $850,000
Cap Rate: 7.93%
NOI: $67,413
Lot Size: 0.9 Acres
Year Built: 1986
Building Size: 7,500
Market: Pittsburg County
Price / SF: $113.33
Property Highlights
Walmart Supercenter anchored shopping center
Located on George Nigh Expressway, McAlester's retail corridor
Multiple national retailers surrounding the property
Strong tenant mix with long term on leases
100% National Tenants
Property Overview
Walmart shadow anchored center with 100% occupancy. The property boasts a great tenant mix of national tenants including: Jackson Hewitt, Edwards Jones, Subway, Bravado and Sally Beauty. Taylor Shopping Center is a five unit strip center is each unit being 1,500 square feet.
The shopping center is surrounded by national retailers that consist of: Walmart Supercenter, Lowe's Home Improvement, Tractor Supply, Dollar General, Aaron Rents, CATO, Chili's Grill & Bar, Pizza Hut, Wendy's, Carl's Jr, Taco Bell, Denny's, Arby's and many more.
Location Overview
Walmart shadow anchored center located on George Nigh Expressway. The property has an address of 418 S. George Nigh Expressway in McAlester, Oklahoma. McAlester is a city in and county seat of Pittsburg County, Oklahoma. The population was 18,363 at the 2010 census, a 3.4 percent increase from 17,783 at the 2000 census, making it the largest city in the former Choctaw Nation of Oklahoma.
McAlester is home to many of the employees of the McAlester Army Ammunition Plant. This facility makes essentially all of the bombs used by the United States military. In 1998 McAlester became the home of the Defense Ammunition Center (DAC) which moved from Savanna, Illinois, and relocated as a tenant on McAlester Army Ammunition Plant.
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