719 Highway 81 S Duncan, OK 73533
NNN gas station with long-term lease and rental escalations.
Property size:
2,337 SFLot size:
0.84 AcresProperty Features for 719 Highway 81 S
General Information
- Size
- 2,337 SF
- Lot size
- 0.84 Acres
Source:
Moodyscre
Listing Agent: Randy Blankstein
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Highway Gas Station Investment Opportunity
This property is a gas station located on a signalized hard corner along US Highway 81, with 18,500 vehicles per day. It also has immediate access to State Highway 7, which sees 10,000 vehicles per day. The location operates 24 hours and has a long-term lease in place through December 2037. The lease structure is NNN, meaning no landlord responsibilities. Rental escalations of 10% are scheduled throughout the primary term and options, with the next escalation in 2028. The surrounding area has a population of over 33,000 within a ten-mile radius, and the average household income within the same radius exceeds $84,000. Fuel competition is limited along State Highway 7. Nearby traffic draws include NAPA Auto Parts, Duncan High School with 1,000 students, DRH Health Hospital with 110 beds, Stephens County Fairgrounds, Duncan Municipal Airport, a Family Dollar Distribution Center, and the Halliburton Manufacturing Center. The property potentially qualifies for 100% bonus depreciation. The property size is 2,337 square feet.
Location Intelligence
Current Use by Public Records
Gas stations
Location Insight
- Map
- Local Demand
- City
- Duncan
- County
- Stephens
- State
- Oklahoma
- Longitude
- -97.969632
- Latitude
- 34.493541
Nearby Similar for Sale
FAQs
What type of property is this?
Gas station - NNN gas station with long-term lease and rental escalations.
Where is this gas station located?
The property is located at 719 Highway 81 S Duncan, OK.
What is the asking price?
The asking price for this property is $1,421,918.
What are key features of this property?
This property features: - Long-term NNN lease through December 2037 offers worry-free ownership (no landlord responsibilities).; - Enjoy scheduled income growth with 10% rental escalations throughout the primary term and options (next increase in 2028).; - Signalized hard corner location along US Highway 81 provides excellent visibility (18,500 VPD).