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6202 NW Cache Rd
Lawton, OK 73505

Retail Property For Sale

Storefront Properties Oklahoma Lawton 6202 NW Cache Rd, Lawton, OK 73505

Investment Highlights

  • Major east-west throughfare in Lawton
  • .83 acre lot
  • 100% occupied at $12/sf

Executive Summary

Fully occupied building with 4 retail spaces on busy Cache Road.
NOI of nearly $50,000/yr.
Rents are currently at $12/sf.
Seller occupies 4,500 sf and will lease back from the buyer.
This building sits on a large lot with 120’ of frontage on Cache Road and is 300’ deep (a full city block deep).
Zoned C-5.
Approx. .83 acres.
There is a large marquee sign that includes an electronic sign.
All the tenants are long term tenants.
There are a large number of parking spaces.
Neighbors include: Pizza Hut, Chili’s, Popeye’s, and Applebee’s.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Storefront
Building Size
5,572 SF
Building Class
C
Year Built
1973
Price
$1,137,704 CAD
Price Per SF
$204 CAD
Cap Rate
6.23%
NOI
$70,835 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.15
Lot Size
0.83 AC
Zoning
C-5 - Intended for the conduct of personal and business services and the general retail business of the community
Frontage
120 ft on Cache Road
 

  • Listing ID: 27802728

  • Date on Market: 2023-02-21

  • Last Updated:

  • Address: 6202 NW Cache Rd, Lawton, OK 73505

The Retail Property at 6202 NW Cache Rd, Lawton, OK 73505 is currently available for sale. Contact Cummins Setters Commercial Partners LLC for more information.

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