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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

873 Bois D'arc Ave Duncan, OK 73533

1,680 SF 0.25 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,680 sq ft convenience store and gas station in Duncan, Oklahoma. Boasting a 7.75% cap rate and a long-term absolute NNN lease with a corporate guarantee from a major franchisee, this property offers significant upside potential. Built in 1960 and renovated in 2020, the property sits on a 0.25-acre lot and includes 13 parking spaces and a drive-thru. The lease features 10% rent bumps every five years, extending to December 30, 2037. The property benefits from high visibility and easy access to Highway 7, with traffic counts exceeding 9,000 vehicles daily. Its strategic location near a major hospital and Halliburton manufacturing center ensures a consistent customer base. The property's strong performance and long-term lease make it an ideal addition to any investment portfolio. The property generates a net operating income (NOI) of $117,444. The asking price is $1,515,406, resulting in a price per square foot of $902.03.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1960
Total area 1,680 SF
Lot 0.25 ac (10,890 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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