460 488 US 81, Duncan, OK 73533 - Property for Sale
Available For Sale - Retail
5,300 SF
|
Show Pricing $
AVAILABILITY DETAILS
- Size
- 5,300 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA450417
- Notes
- This strip center was recently remodeled (2019 to current). All units are rented except 460 which is being remodeled now. All of the other units were remodeled before leasing. Lotus Gold is the anchor tenant and brings lots of traffic for other tenants including the food truck and head shop. Total rent with 460 rented is $49,500 per year (460 is 1225 sf at $800 per month). Lotus gold has renewed until Feb 2023. All air conditioning units and heaters have been all been replaced. All units except 460 have heat pumps. 460 has ir conditioner plus gas heater.
Each suite has a lighted dormer for its signage. (Set up to accommodate a 50 inch monitor/diplay if preferred) All lights have been upgraded some to LED the rest to T8
Duncan is a cool little city of 25000 residents with generally mild weather.
This building os near the new city hall.
US 81 is the main road thoroughfare thru vibrant Duncan.
$390,000
Approximately a 10% cap rate.
- Uses
- Retail
Other Availability in this Property
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Nigel Macrae, macrae family ventures, inc
Nigel Macrae, macrae family ventures, inc
