6202 Cache Rd Lawton, OK 73505

This exceptional investment opportunity presents a fully occupied, 5,572 square foot retail shopping center located at 6202 NW Cache Rd, Lawton, OK 73505. The property boasts a strong 6.23% cap rate and a substantial net operating income (NOI) of $49,810 annually. Currently featuring four tenants, all on long-term leases, the center enjoys 100% occupancy since February 20, 2023. The building, constructed in 1973, sits on a sizable 36,000 square foot lot (approximately 0.83 acres), providing ample parking and high visibility with 120 feet of frontage on busy Cache Road. The C-5 zoning allows for a variety of uses. The property includes a large marquee sign with an electronic component. The current owner occupies 4,500 square feet and will lease back the space at $4,500 per month as part of a sale-leaseback agreement. This prime location benefits from proximity to established businesses such as Pizza Hut, Chili's, Popeye's, and Applebee's. The asking price is $800,000, translating to $143.58 per square foot. This is a rare opportunity to acquire a stable, high-performing retail investment in a desirable Lawton location.