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733 W Petree Rd
Anadarko, OK 73005
Subway Strip Center · Retail Property For Sale
Investment Highlights
- Attractive Value-Add Investment: Current tenants include Subway, Beyond Nutrition, and Caddo County Guns & Ammo
- 100% Occupancy: The center is fully leased, offering immediate cash flow with opportunities for rental increases upon lease renewals.
- 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
- Competitive Rental Rates: Average rent is $7.20 per square foot
- Prime Location with Strong Retail Synergy: Positioned adjacent to Petree Plaza, Anadarko's primary shopping center, and neighboring McDonald's
- Strong Weighted Average Lease Term (WALT): The property boasts a WALT exceeding 5 years, ensuring stable long-term occupancy
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
4,000 SF
Building Class
C
Year Built
1975
Price
$369,510 CAD
Price Per SF
$92.38 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.94 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
38 Spaces (9.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 0047-28-07N-10W-1-055-10 | Improvements Assessment | $15,474 CAD |
| Land Assessment | $17,910 CAD | Total Assessment | $33,384 CAD |
Property Taxes
Parcel Number
0047-28-07N-10W-1-055-10
Land Assessment
$17,910 CAD
Improvements Assessment
$15,474 CAD
Total Assessment
$33,384 CAD
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