1016 SW C Ave - Office FOR SALE


Lawton, OK 73501
$785,000 USD
949-698-1105
1016 SW C Ave, Lawton, OK for Sale
$785,000 USD
Office - FOR SALE
1/4
null | 5.5% Cap Rate

1016 SW C Ave
Lawton, OK 73501


HIGHLIGHTS

  • 4+ Years Remaining | Options To Extend | Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access | Strong National/Credit Tenant Presence
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

• The tenant, 7-Eleven (operating as Stripes), has over 4 years remaining on its lease with 3 (5-year) options to extend, demonstrating long-term commitment to the site • Lease features 8% rental increases at the beginning of each option period • The Lease is corporate signed by 7-Eleven, Inc further enhancing the credit quality and long-term stability of the tenancy

FOR SALE DETAILS

PRICE

$785,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stripes/7-Eleven | 4+Yrs Corp Abs NNN

PROPERTY TYPE

Office

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C-5

APN/PARCEL ID

15730

ASK ABOUT THIS PROPERTY

Winston GuestSRS National Net LeaseMore Info
949-698-1105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Winston GuestSRS National Net LeaseMore Info
949-698-1105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.