Log In/Sign Up
Your email has been sent.
Stripes/7-Eleven | 4+Yrs Corp Abs NNN 1016 SW C Ave 2,585 SF Office Building Lawton, OK 73501 $785,000 ($303.68/SF) 5.50% Cap Rate
Investment Highlights
- 4+ Years Remaining | Options To Extend | Rental Increases
- Signalized, Hard Corner Intersection | Excellent Visibility & Access | Strong National/Credit Tenant Presence
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area
Executive Summary
• The tenant, 7-Eleven (operating as Stripes), has over 4 years remaining on its lease with 3 (5-year) options to extend, demonstrating long-term commitment to the site
• Lease features 8% rental increases at the beginning of each option period
• The Lease is corporate signed by 7-Eleven, Inc further enhancing the credit quality and long-term stability of the tenancy
• Lease features 8% rental increases at the beginning of each option period
• The Lease is corporate signed by 7-Eleven, Inc further enhancing the credit quality and long-term stability of the tenancy
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
2,585 SF
Building Class
B
Year Built
1983
Price
$785,000
Price Per SF
$303.68
Cap Rate
5.50%
NOI
$43,200
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,585 SF
Building FAR
0.11
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
C-5 - General Commercial District
Parking
19 Spaces (7.35 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- 7-Eleven
- Mining, Quarrying, and Oil and Gas Extraction
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| 7-Eleven | Mining, Quarrying, and Oil and Gas Extraction | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (77)
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Stripes/7-Eleven | 4+Yrs Corp Abs NNN | 1016 SW C Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.