6202 NW Cache Rd
Lawton, OK 73505
Commerce de détail Propriété À vendre

Positioned on the highly sought-after “Restaurant Row” along Cache Road, this 5,572 SF fully leased strip center offers a compelling blend of stable income and future upside. Situated on a prominent corner lot, the property features 120 feet of frontage and extends approximately 300 feet deep, totaling ±0.83 acres.
The front of the property includes asphalt-paved parking for easy customer access, along with a valuable electronic billboard facing Cache Road—providing excellent visibility. The expansive rear portion of the lot, currently grass, stretches all the way to Oak Avenue, offering exceptional flexibility for future development, expansion, or additional access.
The center is 100% occupied with three tenants, including the seller as the largest occupant, adding stability and pride of ownership. The property generates gross annual income of just over $75,000, with a net operating income of $49,809.
Offered at $700,000, this asset delivers a 7.12% cap rate, making it an attractive opportunity for investors seeking a stabilized, income-producing property in a high-traffic retail corridor. Surrounded by established restaurants and consistent consumer activity, this location continues to perform.
With strong financials, full occupancy, and a high-visibility corner location, this property presents a rare opportunity to acquire a well-positioned asset with both immediate returns and long-term upside.