Log In/Sign Up
Your email has been sent.
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
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
• 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
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
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| 7-Eleven | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 160015730 | Improvements Assessment | $21,353 |
| Land Assessment | $21,246 | Total Assessment | $42,599 |
Property Taxes
Parcel Number
160015730
Land Assessment
$21,246
Improvements Assessment
$21,353
Total Assessment
$42,599
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Stripes/7-Eleven | 4+Yrs Corp Abs NNN | 2 SW 11th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.