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733 W Petree Rd
Anadarko, OK 73005

$267,967 USD

Storefront For Sale  •  4,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 4,000 SF
  • Lot Size 0.94 AC
  • Building Class C
  • Year Built 1975
  • Tenancy Multiple
  • Zoning C
0 Transit Score
35 Walk Score

Highlights

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

Amenities

  • Signage
  • Wheelchair Accessible

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 38
Type: Surface
Included in Rent: Yes
Edward Desimone 310-919-5696 Matthews Real Estate Investment Services
Edward Desimone 310-919-5696 Matthews Real Estate Investment Services