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37850 US-59, Howe, OK, 74940

Ron’s Lumber & Home Center
$5,156,188

Key Information

Cap Rate
8.75%
Tot. SF
94,293
Lot Size
27.59 Acres
Year Built
1992
Term Remaining
± 5.4 Years
Type
Retail
NOI
$451,166

Highlights

  • Dominant Operator: No direct competition in the immediate trade area, the location functions as a regional destination for hardware, appliances, sporting goods, garden supplies, feed, and fuel, creating a captive customer base and meaningful barriers to displacement. Established brand for generations.
  • Parent Company Strength: Nation’s Best Holdings, headquartered in Dallas, Texas, is one of the fastest-growing independent home improvement companies in the United States. Founded in 2019 by former U.S. LBM executive Chris Miller, Nation’s Best currently operates 60+ locations across 18 states, providing institutional knowledge behind the lease guarantee.
  • High-Yield Investment: At the offered cap rate, the Subject Property delivers a return profile that is increasingly difficult to find in today’s net lease market. The premium reflects a rural location, offering investors a well-secured income stream with built-in growth through 1.5% annual escalations over a potential long-term hold.
  • Strong Community Roots: Founded in 1994 as a small lumber yard, Ron’s has grown over three decades into an anchor retail destination for Le Flore County. The store is known for knowledgeable staff, competitive pricing, and a broad product selection. With deep community ties, Ron’s reinforces long-term viability of the location.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 180759, 180760 (OK)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203