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Office

Teakwood Office Portfolio

3224 Teakwood Ln, Edmond, OK 73013

Listing Price: $1,400,000

Cap Rate
7.13%
Rentable SF
11,280
Lot Size
0.50 acres
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the fee simple interest in Teakwood Portfolio (the “Offering” or the “Portfolio”), is 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 (over 35,000 Vehicles Per Day) and the Kilpatrick Turnpike (over 60,000 Vehicles Per Day), providing excellent regional connectivity throughout the Oklahoma City metro. Currently the property is 100 percent 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 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
  • Strong Vehicle Per Day Traffic – Over 60,000 Vehicles Per Day on the Kilpatrick Turnpike and Over 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 Net Operable Income of $99,843 Offers Reliable Cash Flow for Investors

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Office

Teakwood Office Portfolio

Listing Price: $1,400,000

Cap Rate
7.13%
Rentable SF
11,280
Lot Size
0.50 acres
Year Built
2006

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 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
  • Strong Vehicle Per Day Traffic – Over 60,000 Vehicles Per Day on the Kilpatrick Turnpike and Over 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 Net Operable Income of $99,843 Offers Reliable Cash Flow for Investors

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the fee simple interest in Teakwood Portfolio (the “Offering” or the “Portfolio”), is 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 (over 35,000 Vehicles Per Day) and the Kilpatrick Turnpike (over 60,000 Vehicles Per Day), providing excellent regional connectivity throughout the Oklahoma City metro. Currently the property is 100 percent 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.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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