Share This Listing

Message

926 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Stripes/7-Eleven | 4+Yrs Corp Abs NNN 2 SW 11th St 2,585 SF Retail Building Lawton, OK 73501 $785,000 ($303.68/SF) 5.50% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • 4+ Years Remaining | Options To Extend | Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics in 5-Mile Trade Area
  • Corporate 7-Eleven Lease (Investment Grade)
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access | Strong National/Credit Tenant Presence

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

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,585 SF
Building Class
C
Year Built
1983
Price
$785,000
Price Per SF
$303.68
Cap Rate
5.50%
NOI
$43,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
C-5
Parking
12 Spaces (2.06 Spaces per 1,000 SF Leased)

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
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Homeland
Boomarang Diner
Billy Sims BBQ
The YMCA
7 Brew
  • Listing ID: 38658838

  • Date on Market: 12/4/2025

  • Last Updated:

  • Address: 2 SW 11th St, Lawton, OK 73501

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}