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

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BMO 2023-C52023-06-21$138.0M100.0%$8.7M6.3%$3.9M32.3%2.71x424B

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%.