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Rubenstein Real Estate Co Sells Lakeview Pointe Shopping Center For $22.5M In Stillwater Oklahoma

Property Image
SOLD
$22,500,000

Oklahoma

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Retail414,812 SF
Sold 02/20/2026
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Property Image
SOLD

Rubenstein Real Estate Co Sells Lakeview Pointe Shopping Center For $22.5M In Stillwater Oklahoma

1908 North Perkins Road & 2280 North Perkins Road

See Similar Deals
Retail414,812 SF
Sold 02/20/2026
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Summary

OKLAHOMA
Asset Type:Retail
Price Per Square Foot:$54
Total Square Footage:414,812 SF
Transaction Type:Sale

The property asset involved is the Lakeview Pointe Shopping Center located at 1908-2280 North Perkins Road in Stillwater, OK. The asset type is retail, encompassing a total square footage of 207,406. The sale occurred at a transaction price of $22,500,000, resulting in a price per square foot of $108.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $22,500,000
  • Address: 1908-2280 North Perkins Road
  • Market: Stillwater, OK
  • Square Footage: 207,406
  • Price Per Square Foot: $108
  • Seller: Rubenstein Real Estate Co
  • Buyer's Representative: Scott Taubin - The R.H. Johnson Company
  • Seller's Representatives: Jeff Lefko & Bill Asher - Hanley Investment Group

The transaction was facilitated by Hanley Investment Group, showcasing the strength of junior-box-anchored retail, characterized by a solid tenant lineup and impressive regional consumer traffic.

Players

Bill Asher
90 deals$653.6M volume
BROKER

Jeff Lefko
Hanley Investment Group
88 deals$611.2M volume
BROKER

Scott Taubin
The R.H. Johnson Company
1 deal$22.5M volume(816) 268-2428
BROKER

Details

SOLD
IMAGE: 02/20/2026 ADDRESS: 1908-2280 North Perkins Road MARKET: Stillwater, OK ASSET TYPE: Retail SELLER: Rubenstein Real Estate Co BUYER'S REP: Scott Taubin - The R.H. Johnson Company SELLER'S REP: Jeff Lefko & Bill Asher - Hanley Investment Group SALE PRICE: $22,500,000 SF: 207,406 ~ PPSF: $108 NOTE: Hanley Investment Group facilitated the $22.5 million sale of Lakeview Pointe Shopping Center in Stillwater, Oklahoma, highlighting the strength of junior-box-anchored retail with a solid tenant lineup and impressive regional consumer traffic.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,200,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$79,937.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$106,661.48
Annual Debt Service$1,279,937.75