facebook
Traded Co logo
Submit
Daily limit: 0/10

Marcus & Millichap Sells Dollar General Property In Broken Arrow, OK For $1.1M

Property Image
SOLD
$1,110,000
Dan Yozwiak
Darpan Patel
+ 1

Oklahoma

See Similar Deals
Retail9,026 SF
Sold 07/19/2023
the dealplayerscompscontact
Property Image
SOLD

Marcus & Millichap Sells Dollar General Property In Broken Arrow, OK For $1.1M

6401 East Kenosha Street Broken Arrow, Oklahoma 74014, USA

See Similar Deals
Retail9,026 SF
Sold 07/19/2023
Dan Yozwiak
Darpan Patel
+ 1
Contact now

Summary

OKLAHOMA
Asset Type:Retail
Price Per Square Foot:$123
Total Square Footage:9,026 SF
Transaction Type:Sale

Marcus & Millichap has facilitated the sale of a retail property located at 6401 E Kenosha Street in Broken Arrow, Oklahoma. The property, a 9,026-square-foot net-leased asset, was sold for $1,110,000. The sale was announced by Marcus & Millichap, with Dollar General as the tenant occupying the property.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,110,000
  • Square Footage: 9,026
  • Price per Square Foot: $123
  • Address: 6401 E Kenosha Street
  • Market: Broken Arrow, OK

Karl Hinkel, Dan Yozwiak, Darpan Patel, and Robby Pfeiffer, representing Marcus & Millichap, served as the brokers in this transaction. They played a pivotal role in facilitating the sale of the Dollar General property. With their expertise, they successfully negotiated the deal, enabling the buyer and seller to reach an agreement.

The sale of the 9,026-square-foot net-leased property, located at 6401 E Kenosha Street in Broken Arrow, Oklahoma, marks a significant transaction in the retail market. The involvement of Marcus & Millichap, represented by Karl Hinkel, Dan Yozwiak, Darpan Patel, and Robby Pfeiffer, showcases their proficiency in facilitating successful deals in the commercial real estate sector.

Players

Darpan Patel
18 deals$57M volume(813) 387-4812
BROKER

Karl Hinkel
Marcus & Millichap
1 deal$1.1M volume(614) 360-9045
BROKER

Dan Yozwiak
Marcus & Millichap
16 deals$53.7M volume(614) 360-9036
BROKER

Robby Pfeiffer
Marcus & Millichap
4 deals$13.9M volume
BROKER

Details

SOLD
IMAGE: Karl Hinkel, Dan Yozwiak, Darpan Patel & Robby Pfeiffer DATE: 07/19/2023 ADDRESS: 6401 E Kenosha Street MARKET: Broken Arrow, OK ASSET TYPE: Retail BROKERS: Karl Hinkel, Dan Yozwiak, Darpan Patel & Robby Pfeiffer - Marcus & Millichap SALE PRICE: $1,110,000 SF: 9,026 ~ PPSF: $123 NOTE: Marcus & Millichap announced the sale of Dollar General, a 9,026-square-foot net-leased property in Broken Arrow, Oklahoma, for $1,110,000.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$59,200.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,943.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,261.97
Annual Debt Service$63,143.60