1001 Petree Rd Anadarko, OK 73005
- Office buildings
- 6,806 SF
- 0.95 lot acres
Current Use by Public Records
- USDA-Natural Resources Conservation Services / Conservation Department
Property Details for 1001 Petree Rd
- Year built
- 1991
- Lot size
- 0.95 lot acres
- Property size
- 6,806 SF
- Property type
- Office buildings
- APN
- 1250-21-003-006-4-013-50
- APU
- 125021003006401350
Description
This exceptional investment opportunity presents a single-tenant, 6,806 square foot Class B office building located at 1001 W Petree Rd, Anadarko, OK 73005. The property, built in 1991 and renovated in 2019, sits on a 41,382 square foot lot and includes 35 parking spaces. Currently 100% occupied under a NNN lease with a credit-rated tenant, the lease has a remaining term of approximately 2.2 years, expiring January 31, 2027. The lease commenced February 1, 2017, and has a 10-year term. The property boasts a strong net operating income (NOI) of $73,000, resulting in an attractive 8.34% capitalization rate. The asking price is $875,000. The property features one building, one story, and is categorized as a Traditional Office, Institutional Investment type. The APN is 1250-21-003-006-4-013-50. This presents a compelling opportunity for investors seeking a stable, high-yield investment in a well-located property. All information is believed to be accurate but should be independently verified.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anadarko
- County
- Caddo
- State
- Oklahoma
- Longitude
- -98.2586
- Latitude
- 35.0582
