1004 Us-54Guymon, OK 73942

Property Details for 1004 Us-54

Lot size

1.21 AC

Property size (Sq ft)

17,252 SF

Property type

Industrial properties

Property subtype

Other specialty properties

Description

This exceptional investment opportunity presents a 17,252 square foot steel-framed building situated on a highly visible section of US Highway 54 in Guymon, Oklahoma. Currently operating at 100% occupancy as a dispensary and grow facility, this versatile property offers significant potential for a variety of commercial uses. The robust steel frame construction ensures durability and allows for adaptable future modifications. The property boasts a 1.209-acre lot and includes one loading dock. Financial highlights include an asking price of $475,000, a price per square foot of $27.53, a Net Operating Income (NOI) of $84,000, and an impressive 17.68% capitalization rate. The sale is structured as a sale/leaseback with a Net Net + (NN+) lease. This single-tenant property offers exceptional visibility and accessibility in a thriving area, making it ideal for businesses seeking a high-profile location with ample space. The property's location on a major highway ensures high traffic volume and excellent exposure. This is a rare opportunity to acquire a well-performing commercial property with strong financial metrics and significant upside potential. The property is located at 1004 US-54, Guymon, OK 73942.

Location Insight

City

Guymon

County

Texas

State

Oklahoma

Latitude

36.6879

Longitude

-101.469

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