401 Main St Duncan, OK 73533
- Office buildings
- 2,400 SF
- 1.04 lot acres
Current Use by Public Records
- Greener Leaf Wellness: (MMJ) Dispensary / Cannabis Store
- Paramore Supply Co / Industrial Equipment Supplier / Tool Store
- Hi-Voltage Car Audio / Car Stereo Store
Property Details for 401 Main St
- Year built
- 1960
- Lot size
- 1.04 lot acres
- Property size
- 2,400 SF
- Property type
- Office buildings
- APN
- 1330-00-020-005-0-000-00
- APU
- 133000020005000000
Description
This exceptional 21,600-square-foot industrial distribution center, located at 401 E Main St, Duncan, OK 73533, presents a compelling investment opportunity or owner-user scenario. The single-story, Class C building sits on a 1.03-acre lot and boasts a 20-foot ceiling height, ideal for various distribution needs. Constructed in 1960 and extensively renovated in 2020, the property offers two loading docks and two dock-high doors, ensuring efficient loading and unloading operations. The property includes air conditioning and ample storage space. A long-term tenant is in place, offering a back lease under approved terms, potentially extending for five or more years. This is a true NNN lease, minimizing the owner's operational responsibilities. The property's strategic location in Stephens County, Oklahoma, provides easy access to major transportation routes, making it an attractive option for businesses seeking a well-maintained and functional distribution facility. The asking price is $750,000. This presents a rare opportunity to acquire a stable, income-producing asset with significant long-term potential.
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
- Duncan
- County
- Stephens
- State
- Oklahoma
- Longitude
- -97.9418
- Latitude
- 34.5013
- CBSA code
- 20340
- CBSA name
- DUNCAN, OK MICROPOLITAN STATISTICAL AREA
