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23249696
23249697

3224 Teakwood Ln, Edmond, OK 73013

AC
MO 2020018510
Marcus & Millichap
Listed by Marcus & Millichap
$1,400,000
396 days on market
Updated 92 days ago

Teakwood Office Portfolio

Details
Property Type Office
Sub Type Traditional Office
Cap Rate 7.13%
NOI $99,843
Occupancy 100%
Tenancy Multi
Lease Type Gross
Buildings 3

Office | 7.13% CAP

Marketing description

Marcus & Millichap is pleased to present the opportunity to acquire the fee simple interest in Teakwood Portfolio (the “Offering” or the “Portfolio”), a combination of three office/retail properties situated in Edmond, OK. Strategically located at Teakwood Lane in Edmond, OK 73013, the property benefits from direct access to U.S. Route 77 (35,000+ VPD) and the Kilpatrick Turnpike (60,000+ VPD), providing excellent regional connectivity throughout the Oklahoma City metro. Currently the property is 100.0% leased. The asset offers investors durable in-place cash flow and exposure to a growing suburban market.

The Teakwood Portfolio is anchored by a diverse mix of service-oriented tenants, including Allstate Insurance – Monica Baker Agency, a long-standing national insurance provider with deep community ties, and Little Guys Movers, a reputable moving company with a strong regional and national presence. This tenant mix offers long-term stability and is supported by essential service industries with consistent demand. The Offering represents a compelling opportunity to acquire a fully stabilized asset with established cash flow in a high-visibility, high-traffic corridor of Edmond, OK.

Investment highlights

+ Unique Real Estate Asset – Strategically located in the growing community of Edmond, OK, with direct access to U.S. Route 77 and the Kilpatrick Turnpike, offering strong connectivity across the Oklahoma City metro.

+ Anchored by Reputable Tenants – Featuring a stable mix of service-oriented tenants, including nationally recognized Allstate Insurance – Monica Baker Agency and regional operator Little Guys Movers, providing income predictability and local market resilience.

+ Strong Vehicle Per Day Traffic – Over 60,000 vehicles per day on the Kilpatrick Turnpike and 35,000+ on U.S. Route 77, ensuring sustained visibility and consumer exposure.

+ Resilient Asset Class – Service-based tenants demonstrate consistent demand across economic cycles, supporting long-term occupancy and dependable rent growth.

+ Established Income Streams – Stabilized NOI of $99,843 offers reliable cash flow for investors.

Listing Contacts

AC
MO 2020018510
Marcus & Millichap
Listed by Marcus & Millichap

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,843.00
$8,320.25/mo

Valuation Metrics

0
DSCR
7.13%
Cap Rate
7.13%
ROI

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Additional Information

Name
Tim Speck
License
OK 149994
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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