733 W Petree Rd | Anadarko, OK 73005
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- LoopNet Team
733 W Petree Rd
Anadarko, OK 73005
SUBWAY STRIP CENTER · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Attractive Value-Add Investment: Current tenants include Subway, Beyond Nutrition, and Caddo County Guns & Ammo
- Competitive Rental Rates: Average rent is $7.20 per square foot
- 100% Occupancy: The center is fully leased, offering immediate cash flow with opportunities for rental increases upon lease renewals
- Prime Location with Strong Retail Synergy: Positioned adjacent to Petree Plaza, Anadarko’s primary shopping center, and neighboring McDonald’s
- Established Tenancy: Subway has been a tenant for over 34 years and holds one remaining 5-year renewal option with a 5.00% rent increase
- Strong Weighted Average Lease Term (WALT): The property boasts a WALT exceeding 5 years, ensuring stable long-term occupancy
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1975
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.94 AC
Zoning
C - Commercial
Parking
38 Spaces (9.5 Spaces per 1,000 SF Leased)
Frontage
200 FT on W Petree Rd
AMENITIES
- Signage
- Wheelchair Accessible
PROPERTY TAXES
| Parcel Number | 0047-28-07N-10W-1-055-10 | Improvements Assessment | $10,029 |
| Land Assessment | $12,836 | Total Assessment | $22,865 |
PROPERTY TAXES
Parcel Number
0047-28-07N-10W-1-055-10
Land Assessment
$12,836
Improvements Assessment
$10,029
Total Assessment
$22,865
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