1409 NW Horton Blvd
Lawton, OK 73505
Sherwin-Williams · Retail Property For Sale

This net leased investment opportunity features a Sherwin-Williams with 7.5 years remaining on lease. Sherwin-Williams has shown commitment to the site with a 10-year extension in 2014 and a 17-year operating history at this location. The lease features a 20% increase in the first option. Located on the main retail corridor in Lawton, OK, (third largest MSA in Oklahoma) NW Cache Rd generates traffic counts of over 30,000 VPD. Retailers within the immediate vicinity include Applebee’s, Chili’s, Sonic, O’Reilly Auto Parts, Popeye’s Louisiana Kitchen, Pizza Hut, Taco Bell, Autozone and Walgreens, among others. Offering fee-simple ownership in the land and improvements, this opportunity allows investors the added tax benefit of building depreciation, and a net lease that allows all expenses, except roof, structure, and parking repairs, to be passed through to the tenant.