Attractive Value-Add Investment: Current tenants include Subway, Beyond Nutrition, and Caddo County Guns & Ammo |
Prime Location with Strong Retail Synergy: Positioned adjacent to Petree Plaza, Anadarko’s primary shopping center, and neighboring McDonald’s |
Competitive Rental Rates: Average rent is $7.20 per square foot |
Established Tenancy: Subway has been a tenant for over 34 years and holds one remaining 5-year renewal option with a 5.00% rent increase |
100% Occupancy: The center is fully leased, offering immediate cash flow with opportunities for rental increases upon lease renewals |
Strong Weighted Average Lease Term (WALT): The property boasts a WALT exceeding 5 years, ensuring stable long-term occupancy |