3112 Cache RdLawton, OK 73505

For Lease
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Property records and analytics
6,350 SF Single-Tenant Restaurant Building

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional Lawton, OK investment opportunity presents a 6,350 square foot single-tenant retail building, formerly a Red Lobster restaurant. Located at 3112 NW Cache Rd, in the Lawton submarket of Comanche County, this property offers a compelling passive income stream. Originally constructed in 1980 and renovated in 2012, the building is currently vacant and ready for a new tenant. The property is classified as an absolute triple net (NNN) lease, meaning the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance. This structure presents a significant advantage for investors seeking minimal management responsibilities. The property boasts a strong historical performance, evidenced by its previous occupancy by a well-established restaurant chain. The attractive 7.5% capitalization rate, coupled with annual fixed 2% rent increases, ensures a stable and growing return on investment. This prime location in Lawton, Oklahoma, within the 73505 zip code, offers excellent visibility and accessibility, making it an ideal investment for discerning buyers seeking a high-yield, low-maintenance commercial property. The building's size and layout are well-suited for a variety of restaurant or retail uses, providing flexibility for future tenants. This is a rare opportunity to acquire a well-maintained, historically successful property in a desirable location.

Highlights

  • High-traffic location with approximately 35,000 vehicles per day (VPD).
  • Densely populated area.
  • Strong co-tenancy with national retailers and hotels.
  • Excellent visibility and signage opportunities.
  • Convenient access with easy ingress and egress.
  • Ample parking available.

Property Details for 3112 Cache Rd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
6,350 SF

Unit(s) available at that property

Space
Available Space
Size
6,350 SF

Location Insight

City
Lawton
County
Comanche
State
Oklahoma
Latitude
34.6230516
Longitude
-98.431554
3112 Cache Rd, Lawton, Oklahoma

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FAQs

What type of property is this?
Retail property - 6,350 SF Single-Tenant Restaurant Building
Where is the retail property located?
The property is located at 3112 Cache Rd Lawton, OK.
What are key features of this property?
This property features: High-traffic location with approximately 35,000 vehicles per day (VPD).; Densely populated area.; Strong co-tenancy with national retailers and hotels.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Fariba Kavian
Fariba Kavian
Visit Broker Website

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Cache Rd
Lawton, OK 73505

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Cache Rd
Lawton, OK 73505

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3112 Cache Rd
  • Fariba Kavian
    Fariba Kavian
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