Altus, OK Gas Station and C-Store
401 W Broadway Street,
Altus, OK 73521
 
2,800
Building SF
0.6
Land Acres
$119,976
NOI
Commercial
Zoning Type
26,136
Land SF
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2,800
Building SF
0.6
Land Acres
$119,976
NOI
Commercial
Zoning Type
26,136
Land SF
Bracket Real Estate is pleased to exclusively present the opportunity to acquire a fully occupied gas station and convenience store in a residential and commercial hub at 401 W Broadway Street in Altus, Oklahoma. The 2,800-square-foot storefront was originally built on the .6-acre lot in 1979 and has long served as a staple of this vibrant community under the “Mr. Bill’s Gas & Food” branding. The easily visible corner lot sits two blocks from the city’s main downtown intersection of Main Street and Broadway Street, traveled by approximately 19,000 vehicles each day collectively. The building is equipped with four gas pumps, multiple convenient points of ingress/egress, prominent pylon signage, and a windowed storefront with additional tenant signage. The gas pumps currently carry no contract, providing significant upside to a value-add investor looking to secure an optimal agreement and improve stability and cash flow.
401 W Broadway enjoys prime placement just off the confluence of Altus’ two highest-traffic commercial corridors, home to a strong concentration of synergistic shopping and dining options. Shoppers flock to the immediate trade area, with national brands including McDonald’s, Walgreens, Dollar Tree, and AutoZone Auto Parts located within 2 miles of the property. Robust traffic is also generated by popular nearby hotspots including Taqueria Hernandez, Just Brew It, Araceli’s, Sunrise Café, Robert’s Drive-In, and Combo Noodles, all of which hold a rating of more than 4.5 stars on Google.
Altus is the seat of Jackson County and a performing node for the Agriculture and Military industries. The Air Force maintains a critical flight training facility just outside the city which houses up to 3,000 flight crew and aircraft maintenance students annually. This provides a sizeable additional segment of potential customers, on top of the 19,500 residents living within five miles of the subject property. Ninety percent of these nearby residents drive 30 minutes or less for work, and another 2,200 workers commute into Altus each day, cementing the demand for convenient roadside retail.
401 W Broadway provides a can’t-miss opportunity for investors looking to acquire critical roadside retail in a supply-constrained commuter hub.
401 W Broadway St consists of a 2,800 SF convenience store with four gas pumps, highly visible pylon signage, and a strong corner location.
Prime location in the heart of downtown Altus with exposure to approximately 14,000 passing vehicles each day on Broadway St.
Under 2 miles from retailers including Walgreens, McDonalds, and AutoZone, and local hotspots Araceli’s, Sunrise Café, Just Brew It, and many more.
Strong commuter market, with 90% of workers within 2 miles driving under 30 minutes to work, and an additional 2,200 commuting to the city each day.
FOR MORE DETAILS CONTACT
Ryan Jenkins
Director of Tradedesk
(631) 833-5152
ryan@bracketre.com
Cameron Maxey
Director of Asset Trading
(804) 380-7254
cameron@bracketre.com
Jonathan Diamond
Managing Director
(214) 707-8009
jd@bracketre.com
Jennifer Stein
Listing Broker
(213) 446-5366
jstein@jenniferstein-realestate.com
OK-202306
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