873 Bois D'arc Ave Duncan, OK 73533
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.