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Browse More Listings in Retail For Sale, Lawton, OK or Oklahoma

Retail Property - Off Market

Walgreens

1107 SW Lee Blvd, Lawton, OK 73501

Price:
N/A
Building Size:
14,820 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with 10+ years left on lease
Construction Status:
Under Construction
Cap Rate:
7.85%
Occupancy:
100%
Tenancy:
Single
Lot Size:
2.38 AC

Last Verified 11/3/2009 Listing ID 16080949

Description

This Walgreens is a 14,820-SF Absolute NNN investment located on
approximately 2.38 acres. The property is currently under construction
and is scheduled to be completed and open for business in May of 2009.
The subject property is being offered at a 7.85% CAP with a new 25 year
lease. The total lease term is 75 years with Walgreens having the option
to terminate after Year 25. There are no management responsibilities
whatsoever.

The City of Lawton is located in Southwest Oklahoma, in Comanche
County, 90 miles southwest of Oklahoma City on Interstate 44. The Fort
Sill Army post is located just to the north and adjacent to Lawton, and is
part of the Lawton community. The Wichita Mountains National
Wildlife Refuge is located to the north and west of Lawton, and is a
popular area attraction.
Lawton is the third largest city in Oklahoma, and is on Forbes' List of
the Best Small Places for Business and Careers. The city is currently
undergoing a downtown redevelopment plan, which includes
purchasing, demolition, and construction of a large area of the
downtown into several districts, including: the arts / cultural district,
loft district, mixed use / retail and others.

Map of 1107 SW Lee Blvd, Lawton, OK 73501 (Comanche County)

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Created 1/29/2009

Additional Information for 1107 Sw Lee Boulevard, Lawton, OK 73501

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 1107 SW Lee Blvd, Lawton, OK 73501

Nearby Retail properties for saleSearch all commercial real estate for sale

701 SW Lee Blvd
$150,000
1,300 SF
707 SW Lee Blvd
$65,000
716 SF
TACO MAYOS
$3,500,000
10,000 SF
1502 SW Lee Blvd
$235,000
1,800 SF

Nearby Retail properties for leaseSearch all commercial real estate for lease

1315 SW Lee Blvd
$5.60/SF/Year
1,500 SF

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

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Sold 2Q 2007

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Walgreens

1107 SW Lee Blvd, Lawton, OK, 73501