Duncan Professional Plaza

Marcus & Millichap is pleased to exclusively offer for sale Duncan Professional Plaza, which consists of two commercial buildings that total 16,083 square feet of leasable area, situated on 1.61 acres. Duncan Professional Plaza is located at 1606 W Jones Avenue in Duncan, Oklahoma, situated off the main retail thoroughfare in Duncan, where traffic counts exceed 24,200 vehicles per day.

Producing a day one CAP rate of 9.48 percent, Duncan Professional Plaza presents an investor with an opportunity to acquire a stabilized asset at a high CAP rate. The Property is 100 percent occupied with a diverse mix of internet-resistant tenants. Even in the current financing climate, Duncan Professional Plaza is expected to achieve a positive cash flow with market financing terms.

Duncan Professional Plaza is offered at a price of $1,300,000, which is only $81 per square foot. Despite the Property being offered significantly below replacement cost, it has been well-maintained, including recent roof replacements on both buildings in 2023.

Nearby retailers include: Harbor Freight, Carl’s Jr., Planet Fitness, CVS Pharmacy, Subway, Taco Bell, and more.