Listed by Insight Commercial Real Estate, Insight Commercial Real Estate Brokerage
$397,000
1108 SW Park and 1105 SW 11th St.
Details
APN 160022068
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food
Square Footage 2,408
Cap Rate 5.74%
Occupancy 100%
Tenancy Multi
Lease Type Modified
Remaining Term 2
Price per SqFt $165
Broker Co-Op Yes
Class B
Year Built 2000 + 2016
Buildings 2
Acreage 0.620
Zoning C-5
Investment Type Core+
Lease Commencement 10/01/2022
Sale Condition For sale by owner
Fully Occupied Investment Opportunity!
Marketing description
Fully occupied retail spaces for sale adjacent to the high traffic intersection of 11th St. and Lee Blvd., two of Lawton's busiest thoroughfares. Investment property #1, 1108 SW Park Ave is ±1,686sf with signage highly visible from 11th St. and ample parking. Investment property #2, 1105 SW 11th St. is ±722sf and also has highly visible signage and ample parking. The two lots combined total ±..64 acres, allowing plenty of room for growth. Both properties are occupied by the same tenant, who is in a year lease, with one-one year option to renew. Financials are available upon signing a NDA. Nearby businesses include McDonalds, Dollar Tree and Burger King.
Investment highlights
Fully Occupied
On high traffic SW 11th St.
Listing Contacts
Listed by Insight Commercial Real Estate, Insight Commercial Real Estate Brokerage
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