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Investment Highlights

  • Main Road Exposure
  • Has Drive-thru
  • Full Kitchen
  • Owner Financing

Executive Summary

* Retail Property with Drive-Thru
* Excellent Street Visibility and easy Ingress/Egress
* Located in Dense Residential Trade area and Cameron University - Consistent Customer Base

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Business Value Included
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,220 SF
Building Class
C
Year Built
1966
Price
$350,000
Price Per SF
$108.70
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.77 AC
Zoning
C-5 - General Commercial District
Frontage
115’ on SW Sheridan Rd

Amenities

  • Pylon Sign
  • Restaurant
  • Drive Thru

About 303 SW SHERIDAN RD , LAWTON, OK 73505

303 SW Sheridan Road offers an exceptional opportunity to acquire versatile retail property with a drive-thru, strategically positioned on the main throughfare of Sheridan Road. The property can be leased or purchased. With excellent street visibility, easy ingress/egress, and a highly adaptable layout, the site is perfectly suited for a wide range of retail and service-oriented concepts. The existing drive-thru window provides a major competitive advantage, ideal for quick-service, coffee, medical, pharmacy, financial, or convenience-based owners or tenants seeking to capitalize on strong traffic counts and growing consumer demand for fast, efficient service options. The property is surrounded by a dense residential population, Cameron University, offering a reliable customer base and sustained daily activity. The Sellers are in the process of renovating the building and all trade equipment has been removed. The building will include one Vulcan walk-in freezer and 1 walk-in refrigerator and a 16 ft vent hood. The interior was remodeled and there are tables, booths and chairs included. The Seller have just had the entire roof replaced and two new commercial HVAC units installed within the last 24 months. Contact Chuck Webber at 580-678-1769 or Matt Setters at 580-647-0405 for more information. Monthly Lease - $4,000 and Sale Price is 350,000.

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • China Express Restaurant
  • -
  • 99,999 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
China Express Restaurant - 99,999 SF - -
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100

Nearby Major Retailers

Scooter's Coffee
Billy Sims BBQ
City National Bank of OK
7 Brew Coffee
Walmart Neighborhood Market

Property Taxes

Property Taxes

Parcel Number
0024994
Land Assessment
$15,054
Improvements Assessment
$17,882
Total Assessment
$32,936
  • Listing ID: 32790400

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 303 SW Sheridan Rd, Lawton, OK 73505

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