460 to 488 S Highway 81, DUNCAN, OK 73533

Oklahoma > Duncan

460 to 488 S Highway 81, DUNCAN, OK 73533

460 to 488 S Highway 81, DUNCAN, OK 73533

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For Sale

Retail

For Sale

This property is available for sale

5,300

SF

$490,000

Sale Price

Overview
The building was recently remodeled (2018 to current). All units are rented except 460 which is being remodeled now. All of the other units were recently remodeled before leasing. Lotus Gold is anchor and brings lots of traffic for other tenants including food truck and head shop. Total rent with 460 rented is $49,500 per year (460 is 1225 sf at $800 per month). About a 10% cap rate. Lotus gold has renewed until Feb 2023.

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Property Details

The building was recently remodeled (2018 to current). All units are rented except 460 which is being remodeled now. All of the other units were recently remodeled before leasing. Lotus Gold is anchor and brings lots of traffic for other tenants including food truck and head shop. Total rent with 460 rented is $49,500 per year (460 is 1225 sf at $800 per month). About a 10% cap rate. Lotus gold has renewed until Feb 2023.