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1302 NW 47th St. 1308 NW 47th St 5,600 SF Retail Building Lawton, OK 73505 $525,000 ($93.75/SF) 9% Cap Rate

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EXECUTIVE SUMMARY

Recently renovated building that was built to suit for a pet grooming and supplies retail store. This operator is well established and has run a successful business for years. Located just south of NW Cache Rd., next to Lowes, Arvest Bank and KFC.
1 block south of NW Cache Rd. on NW 47th St.

FINANCIAL SUMMARY (ACTUAL - 2018)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $47,250 $8.44

FINANCIAL SUMMARY (ACTUAL - 2018)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $47,250
Annual Per SF $8.44

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
5,600 SF
Building Class
C
Year Built
1967
Price
$525,000
Price Per SF
$93.75
Cap Rate
9%
NOI
$47,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.79 AC
Zoning
C-5

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 5,600 SF
  • Retail
  • -
  • Now

±5,600 sf freestanding retail/office building for lease in Northwest Lawton, OK. Building was previously a pet grooming and supplies retail store. Concrete tilt wall construction and an easy to change floor plan. Space could be converted for any type of use such as retail, office, or special purpose. Ample parking and a large lit pole sign that can easily be seen from high traffic Cache Road from both directions. Building sits immediately to the west of Lowe's Home Improvement. Other nearby businesses include: Home Depot, Starbucks, Firo's Pizza, KFC, Chicken Express, Braum's, Arvest Bank, and Olive Garden.

Space Size Space Use Position Available
1st Floor 5,600 SF Retail - Now

1st Floor

Size
5,600 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 5,600 SF
Space Use Retail
Position -
Available Now

±5,600 sf freestanding retail/office building for lease in Northwest Lawton, OK. Building was previously a pet grooming and supplies retail store. Concrete tilt wall construction and an easy to change floor plan. Space could be converted for any type of use such as retail, office, or special purpose. Ample parking and a large lit pole sign that can easily be seen from high traffic Cache Road from both directions. Building sits immediately to the west of Lowe's Home Improvement. Other nearby businesses include: Home Depot, Starbucks, Firo's Pizza, KFC, Chicken Express, Braum's, Arvest Bank, and Olive Garden.

NEARBY MAJOR RETAILERS

Billy Sims BBQ
IHOP
Olive Garden
Surf City Squeeze
Blimpie
Navy Federal Credit Union
BancFirst
Texas Roadhouse
Anytime Fitness
Planet Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0026907
Land Assessment
$14,212 (2025)
Improvements Assessment
$18,130 (2025)
Total Assessment
$32,342 (2025)
  • Listing ID: 3647425

  • Date on Market: 11/6/2015

  • Last Updated:

  • Address: 1308 NW 47th St, Lawton, OK 73505

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