For Sale
$1,990,000

6502 Cache Rd Lawton, OK 73505

High-traffic retail center, 29,860 SF

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 29,860-square-foot shopping center in Lawton, Oklahoma, presents a compelling investment opportunity. Located on NW Cache Road, Lawton's highest-traffic thoroughfare, this single-story, Class C property boasts excellent visibility and accessibility. Built in 1972, the 1.03-acre site features a single building with 40 parking spaces and is zoned C-5, allowing for retail and/or office use. Currently 90% occupied by long-term tenants, who are responsible for their own repairs and utilities, this turnkey investment requires minimal deferred maintenance. The property features building facade signage, capitalizing on its prime location and high traffic volume. Low inventory in the area further enhances its investment value. This property offers a stable income stream with significant upside potential for a savvy investor. The eleven units are well-maintained and ready for immediate income generation. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a thriving market.

Highlights

  • High-traffic location with excellent visibility.
  • Building signage opportunities available.
  • Ample parking with 40 spaces.
  • 90% occupancy rate anchored by long-term tenants.

Property Details for 6502 Cache Rd

Property type
Lifestyle centers, Power centers
Square Feet
29,860 SF
Class
C
Year Built
1972
Buildings
1
Stories
1
Lot Size (sq. ft)
44,867 SF

Location Insight

City
Lawton
County
Comanche
State
Oklahoma
Latitude
34.6230837
Longitude
-98.4731469

FAQs

What type of property is this?
Lifestyle center - High-traffic retail center, 29,860 SF
Where is the lifestyle center located?
The property is located at 6502 Cache Rd Lawton, OK.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: High-traffic location with excellent visibility.; Building signage opportunities available.; Ample parking with 40 spaces.
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.
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6502 Cache Rd
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