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21411935
21411936

2126 SW Lee Blvd, Lawton, OK 73501

DS
OK 138374
Andy Janko Realty Ltd Co
Listed by Andy Janko Realty Ltd Co
$425,000
493 days on market
Updated 14 days ago

In-Line Retail in Lawton, OK

Details
APN 0016275
Property Type Retail
Sub Type Storefront
Square Footage 9,000
Cap Rate 6.54%
NOI $27,803
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $47
Broker Co-Op Yes
Class C
Year Built 1968
Year Renovated 2020-2024
Buildings 1
Stories 1
Acreage 0.420
Zoning I-1 , Light Industrial / Commerical Improved
Parking Spaces 21 spaces
Parking Per SqFt 2.33
Investment Type Owner/User
Ownership Fee Simple

Retail Storefront | 9,000 SF

Marketing description

NEW PRICING on this in-line 9,000/SF single story retail storefront building on 0.424 acres located on the busy SE corner of SW Lee Blvd and SW Sheridan Rd in the SE Quadrant of Lawton, OK. Premium location with an approximately 70 foot setback from SW Lee Blvd lends exceptional storefront visibility. Some income is available from two existing tenants one of which occupies 8,000 square feet on a month to month basis providing flexibility to an owner-user purchaser. 2 bathrooms in the beauty supply part an 1 bathroom in the dog grooming part. Updates include 3 new split system HVAC units in 2020 and a new TPO roof in 2024.

Investment highlights

Located on the busy SE corner of SW Lee Blvd and SW Sheridan Rd

Premium location with an approximately 70 foot setback from SW Lee Blvd lends exceptional storefront visibility

Updates include 3 new split system HVAC units in 2020 and a new TPO roof in 2024

100% occupied with two existing tenants one of which occupies 8,000 square feet on a month to month basis lending opportunity to an owner-user purchaser.

Survey in Due Diligence Vault

Listing Contacts

DS
OK 138374
Andy Janko Realty Ltd Co
Listed by Andy Janko Realty Ltd Co

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$27,803.00
$2,316.92/mo

Valuation Metrics

0
DSCR
6.54%
Cap Rate
6.54%
ROI

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