1201-1217 NW Sheridan Rd, Lawton, OK 73507 For Sale

Sheridan Commons is a 94% occupied, 36,953 SF neighborhood shopping center fronting NW Sheridan Road – Lawton's main retail thoroughfare. The property is anchored by national credit tenants Staples and Aaron's, which occupy more than 77% of the center and have operated at this location for over 25 years, demonstrating proven tenant longevity. With stable cash flow and remaining upside from the lease-up of 2,200 SF of vacancy, the property offers extremely replaceable rents at an average of $12/SF, making it easy to re-tenant if a tenant ever vacates.

The center is offered at only $142/SF and features excellent visibility with over 28,000 vehicles per day on NW Sheridan Road. It is directly across the street from a Walmart Supercenter and Sam's Club, driving consistent traffic to the area. The property is minutes from Cameron University, a public university with more than 3,500 students, and Lawton Senior High School, a Class 6A-II school with roughly 1,300 students. National retailers in the immediate area include Walmart Supercenter, Sam's Club, Home Depot, Lowe's, Best Buy, Dick's Sporting Goods, Kohl's, Petco, Hobby Lobby, Ulta Beauty, Chick-Fil-A, Starbucks, Texas Roadhouse, and many more.