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419 SW 11th St
Lawton, OK 73501
Office Property For Sale
Investment Highlights
- 3 Long-Term Tenant's have been in place for 20-45 years.
- Value-add opportunity.
- 100% occupied.
- Nearby businesses include: Stripes, Comanche County Farm Bureau, Lawton City Hall, CVS Pharmacy, McDonalds, and Liberty National Bank
Executive Summary
4-unit retail strip center investment opportunity for sale on SW 11th Street in Lawton, Oklahoma. This ±5,325 sf property is fully occupied with a mix of long-term tenants. Tenant in Unit 425 has been in place for 20 years, Tenant in Unit 423 has been in place for 40 years, and Tenant in Unit 421 has been in place for 45 years. This investment offers stable in-place income with significant upside potential through rent increases and lease structuring. Nearby businesses include: Stripes, Comanche County Farm Bureau, Lawton City Hall, CVS Pharmacy, McDonalds, and Liberty National Bank.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,325 SF
Year Built
1956
Price
$360,080 CAD
Price Per SF
$67.62 CAD
Cap Rate
7.45%
NOI
$26,842 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
5,325 SF
Building FAR
0.55
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
C-5 - General Commercial District
Parking
8 Spaces (1.5 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 0028772 | Improvements Assessment | $19,361 CAD |
| Land Assessment | $6,548 CAD | Total Assessment | $25,910 CAD |
Property Taxes
Parcel Number
0028772
Land Assessment
$6,548 CAD
Improvements Assessment
$19,361 CAD
Total Assessment
$25,910 CAD
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