1222 10th St, Woodward, OK 73801

This downtown office investment property in Woodward, OK, presents a value-add opportunity. The property is 89% occupied and primarily leased to the State of Oklahoma. The short-term leases allow flexibility to reposition the property with increased rents while collecting cash flow from government tenants. Situated on the corner of US Hwy 270 (Oklahoma Ave) and State Highway 34 (9th St), the property benefits from its location on the premier commercial real estate intersection in the city with a combined traffic count of 30,700 cars per day. US Hwy 270 serves as the main travel corridor from Oklahoma City to Northwest Oklahoma and the panhandle region. The property's parking lot also has direct access to State Highway 34, which runs 188 miles from Oklahoma's southern border with Texas to its northern border with Kansas. Nearby offices include the city and county government departments as well as Woodward News. Nearby retail tenants include Walgreens, AutoZone, Western Drug, Dairy Queen, and Ace Hardware. Additional traffic draws on these prominent thoroughfares include McDonalds, Walmart Supercenter, Arby's, Carl's Jr, Dollar General, Dollar Tree, NAPA Auto, Candlewood Suites, Comfort Inn, Holiday Inn, and Hampton Inn. The property offers investors long-term security and potential for significant returns. The property size is 14761 square feet.