2512 NW Cache Rd - Restaurant FOR SALE


Lawton, OK 73505
$4,115,385 USD
903-574-2647
2512 NW Cache Rd, Lawton, OK for Sale
$4,115,385 USD
Restaurant - FOR SALE
1/3
null | 5.2% Cap Rate

2512 NW Cache Rd
Lawton, OK 73505


HIGHLIGHTS

  • High-Quality Tenant - Texas Roadhouse (NASDAQ: TXRH): Publicly traded, investment-grade national restaurant chain with a strong operating history.
  • Long-Term Absolute NNN Ground Lease: 15-year term with 10% rent escalations every 5 years and three renewal options.
  • Zero Landlord Responsibilities: tenant covers all operating expenses, insurance, taxes, and maintenance.
  • Attractive Market Fundamentals: Lawton serves as the regional economic hub of Southwest Oklahoma.
  • Prime Location on Lawton’s Retail Corridor: Located on NW Cache Road with excellent visibility and strong traffic counts.

OVERVIEW

Texas Roadhouse (the “Property”) is a newly constructed, freestanding single-tenant net lease (STNL) asset located along NW Cache Road, one of Lawton’s most prominent commercial corridors. Texas Roadhouse relocated their previous location farther west on NW Cache Road to this newly constructed site, and the new location has significantly outperformed their initial sales projections. Positioned on a highly visible retail pad with excellent ingress and egress, the Property benefits from strong regional connectivity and immediate access to major thoroughfares serving the Lawton market. Texas Roadhouse opened in September 2025, the 8,736 square-foot building sits on a well-designed site with 194 dedicated parking spaces, offering superior customer experience and drive-by visibility. The Property is leased 100% to Texas Roadhouse under a long-term sale-leaseback structure. The tenant has executed a 15-year absolute NNN lease commencing upon property delivery, with 10% rent increases every five years and renewal options available—offering investors a stable, passive income stream with predictable growth and zero landlord responsibilities.

FOR SALE DETAILS

PRICE

$4,115,385 USD

PRICE/SF

$374 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.61 AC

LAND SF

113,692 SF

ZONING

C-5

APN/PARCEL ID

160026870

ASK ABOUT THIS PROPERTY

John David CobbEDGE Realty Capital MarketsMore Info
903-574-2647

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John David CobbEDGE Realty Capital MarketsMore Info
903-574-2647

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