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401 W Davis Ave
Weatherford, OK 73096

Retail Property For Sale

Investment Highlights

  • SWOSU Stadium and Event Center Nearby - High Traffic
  • Apartment Homes Behind Store - High Traffic
  • Mobile Homes Nearby - High Traffic
  • 52 Storage Units Nearby - High Traffic

Executive Summary

OPTION TO LEASE ($5,900) TRIPLE NET LEASE
$10,000 Gas Deposit
Plus Inventory
First and Last Month Rent
This is a prime investment opportunity! The owner is asking for $690,000 plus inventory; the business is at a $1.2 MIL Property value.
Near 200+ mobile homes, 90 apartment units behind the building, and near the SWOSU Football Stadium, it brings in tons of business!
The SWOSU stadium and event center bring in business throughout the year, plus a homecoming fireworks show that brings in a BUNCH of traffic!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
10,500 SF
Building Class
C
Year Built/Renovated
1975/2013
Price
$986,886 CAD
Price Per SF
$94 CAD
Cap Rate
2.66%
NOI
$26,217 CAD
Business Value
$1,716,324 CAD
Percent Leased
63%
Building Height
1 Story
Building FAR
0.30
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
Commercial
Frontage
4,000 ft on W Davis

Amenities

  • 24 Hour Access
  • Restaurant
  • Drive Thru

About 401 W Davis Ave , Weatherford, OK 73096

Well-established convenience store and gas station in Weatherford, OK. All contents in the store will transfer with the sale, including all cooking equipment, kitchen equipment, walk-in cooler, and the freezer. Sales (per month) are below for review: Gas station inside sale is $45,000 to $50,000 Gas sale is 13000 gallon This store is across the street from the University of SWOSU Two stadiums: Basketball and football Almost 10,000 people come to watch the games Kitchen: 9000.00 (Lease under negotiating under the third party) U-HAUL: $1,500.00 Air outside: $50.00 Bitcoin: $200.00 Expenses: Payroll- $2000.00/month Property insurance- $700.00/month Taxes- $3500.00/ year Per owner, annual income: 219,960.00 Asking Price: $690000.00 (Not including inventory) Financing can be available to qualified buyers. The Current owner provided all Information.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0350-00-001-000-0-000-00
Land Assessment
$20,252 CAD
Improvements Assessment
$45,297 CAD
Total Assessment
$65,548 CAD
  • Listing ID: 27582462

  • Date on Market: 2023-01-24

  • Last Updated:

  • Address: 401 W Davis Ave, Weatherford, OK 73096

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