Devon Energy — Sale in Geary, OK

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Geary, OK 73040
  • Year built: 2021

Photos

Devon Energy — Sale in Geary, OK, photo 1 of 4
Devon Energy — Sale in Geary, OK, photo 2 of 4
Devon Energy — Sale in Geary, OK, photo 3 of 4
Devon Energy — Sale in Geary, OK, photo 4 of 4

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the opportunity to acquire the 100 percent fee simple interest in 26710 Highway 281 Spur, Geary, Oklahoma an 18,314-square-foot office, warehouse, and industrial outdoor storage facility on 10.02 acres in Canadian County. The property sits along Historic U.S. Route 66, roughly two miles north of Interstate 40 and west of the Oklahoma City metropolitan area, placing it within western Oklahoma’s established Anadarko Basin energy corridor. Built to suit in 2021, the property is leased to Coterra Energy, with approximately nine-years and four-months remaining on the original 15-year term. The lease carries a corporate guarantee from Coterra Energy Corporation a subsidiary of Devon Energy (NYSE: DVN), following the May 2026 merger of Coterra and Devon Energy, which created one of North America’s largest independent energy companies with an enterprise value exceeding $58 billion. Operating under the Devon Energy name, the combined company benefits from significant scale, financial strength, and a diversified oil and natural gas portfolio. Devon Energy is a leading independent oil and natural gas exploration and production company focused on onshore U.S. operations. Following the merger, the combined company’s 2025 production averaged approximately 548,000 barrels of oil per day, 348,000 barrels of natural gas liquids per day, and 4.3 billion cubic feet of natural gas per day. Headquartered in Houston, Texas, Devon is a Fortune 500 company, an S&P 500 constituent, and holds an S&P BBB+ Stable credit rating. The facility was custom designed as a regional field office and operations center supporting Devon Energy’s operations across western Oklahoma. It combines a functional office and conference component, with private offices, conference rooms, collaborative workspace, and a high-bay service and maintenance area featuring 20-foot clear height, full climate control, and four full-height electronic overhead doors. The fully fenced, 10

Market Context

This retail in Geary, OK is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2021. Compare it against other retail listings for sale in Geary, OK — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Oklahoma