Former Altus, OK Stripes C Store 1120 Falcon Rd 2,496 SF Retail Building Altus, OK 73521 $300,000 ($120.19/SF) 6% Cap Rate

This prime location in Altus, OK has been convenience store staple for over 40 years! Located at the busy intersection of Falcon Rd (main road to Altus Air Force Base) and N Park Rd (main connection from Broadway to Falcon Rd and Altus High School & Bulldog Football Stadium), this property will continue to be a high traffic go-to for passer byers, needing convenient in-out service for snacks, beverages and dining. It's 30ft, glass door front, walk in cooler can accommodate huge volumes of items and can have a drive through window easily installed with its separate outside entrance with service area. If looking for a eat-in snackery or restaurant, this location is large and open enough to install seating, a bar and a light to full-on commercial kitchen. Enough power and plumbing onsite to retrofit to any of your needs. Life of the roof and HVAC systems are approx. 12 yrs at time of last remodel by previous tenant, Stripes Convenient Store. All fuel pump and tanks have recently been removed in 2024 with a complete Environmental Abatement & Assessment performed and passed. New concrete drive and East parking lot at removed pumps and tank area. Perfect location for a retail storefront or possibly a small grocery store set up. Seller is original builder/owner and has always leased as a gas station/convenience store. They have priced to sell and are ready for an investor/operator to make this their own!
This is the next busy intersection to be developed for more services, retail and food establishments as Altus continues to grow from its Main Street to the Air Force Base. City of Altus owns property to North and South, making it primed for future commercial development. Call Clay today at (580)704-7454 to view the space and discuss the possibilities for this location.