4110 W Owen K Garriott Rd, Enid, OK for sale

Investment Overview

Enid Plaza is a 33,357 SF multi-tenant retail center, fully leased on a NNN basis to two nationally backed retailers. The property is anchored by pOpshelf, Dollar General's higher-margin retail concept operating on a fresh 10-year term, alongside Burke's Outlet (Bealls Inc.), an established off-price operator committed through 2033 with multiple renewal options extending to 2058. With 100% occupancy, minimal landlord responsibilities, and two credit tenants carrying long-term commitments, the center offers a passive, stabilized income stream with built-in term security — a clean acquisition opportunity in a growing secondary market.

Investment Highlights

• 100% occupied by two nationally-backed retailers on NNN leases with minimal landlord responsibility
• Investment-grade anchor — pOpshelf, Dollar General's (NYSE: DG) higher-margin concept, on a fresh 10-year term
• Long-term stability — Burke's Outlet (Bealls Inc.) committed through January 2033 with options stacked to 2058
• Passive income stream — stabilized in-place NOI of $317,151 with true triple-net structure
• Strong retail location on a primary Enid corridor within an established national retail node