Big Lots - Durant, OK
An industrial property in Durant, Oklahoma. Securitized in 1 CMBS deal in 2023.
$138.0MAppraised value (latest deal)
100.0%Occupancy
$8.7MUnderwritten NOI
6.3%Implied cap rate
- Address
- 2306 Enterprise Drive, Durant, OK 74701
- Property type
- Industrial · Warehouse / Distribution
- Year built
- 2003
- Size
- 1,296,562 SF
- Sponsor
- Blue Owl Capital, Inc. and Oak Street Real Estate Capital, LLC
- Loan purpose
- Recapitalization
- Largest tenant
- Big Lots
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2023-C5 | 2023-06-21 | $138.0M | 100.0% | $8.7M | 6.3% | $3.9M | 32.3% | 2.71x | 424B |
More CMBS properties in Oklahoma →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.