2302 NW Sheridan Rd - Freestanding FOR SALE


Lawton, OK 73505
$565,000 USD
580-357-2727
2302 NW Sheridan Rd, Lawton, OK for Sale
$565,000 USD
Freestanding - FOR SALE
1/5
null | 13.31% Cap Rate

Jan '26


2302 NW Sheridan Rd
Lawton, OK 73505


OVERVIEW

Cummins-Setters Commercial Partners is marketing for sale a single tenant modified NNN leased Family Dollar property located in Lawton, OK. The lease is a modified triple net, with the landlord responsible only for the building structure. Constructed for Family Dollar in 2002, the lease option expires on 12-31-2026, and Family Dollar has indicated they do not intend to renew. Family Dollar reports sales at this location, which have remained consistent throughout the tenancy (2024 sales information available upon request). The retail property spans 7,848 square feet and is located on a road with over 21,200 vehicles passing daily. It is near three major thoroughfares, each with traffic exceeding 29,000 vehicles per day, and less than one mile from the U.S. Army's Fort Sill training and deployment facility, which hosts over 20,000 active-duty personnel and trainees as the headquarters for Field Artillery and Air Defense Artillery. Nearby retailers include Walmart Supercenter, Sam's Club, Aldi, Goodwill, Whataburger, Raising Cane's, and others. Within a five-mile radius, the population exceeds 82,000, with an average household income of $71,195. Seller will consider short term financing with negotiated terms and agreed to down payment.

FOR SALE DETAILS

PRICE

$565,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

13.31%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

C-5

APN/PARCEL ID

0026852

ASK ABOUT THIS PROPERTY

Chuck WebberCummins Setters Commercial Partners LLCMore Info
580-357-2727

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Chuck WebberCummins Setters Commercial Partners LLCMore Info
580-357-2727

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