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Listed by Dave Shannon • Andy Janko Realty Ltd Co.

$5,630,000

Est. payment - /mo

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37,200 SqFt

New

1217 NW Sheridan RD Lawton, OK 73505

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Key Details

Property Type Commercial

Sub Type Shopping Center

Listing Status Active

Purchase Type For Sale

Square Footage 37,200 sqft

Price per Sqft $151

MLS Listing ID OKC1122654

Construction Status Concrete,EFIS,Masonry Vaneer,Metal Siding

Year Built 2000

Annual Tax Amount $55,294

Acres 3.01

Property Sub-Type Shopping Center

Property Description

*NEW 8 CAP PRICING* on this Sheridan Rd Shopping Center in Lawton, Oklahoma built in 1999/2000 and remodeled in 2021 sets on 3.01 acres and has a gross leasable area of approximately 36,866 SF anchored by Staples Office Supplies and complimented by national chain tenants Aaron's and US Cellular. These 3 tenants account for 83.65% of the GLA and have an average tenancy tenure of 24 years. Locally owned and operated Mango Cannabis and Pinspiration Franchisee complete the rent roll and bring the occupancy level to 100%. Site improvements include asphalt paving, parking lot lighting and pole mounted signage. New TPO roof over Staples and Aaron's in 2024. (Offering Memorandum available by request)

Location

State OK

County Comanche

Zoning Commercial

Interior

Heating Zoned

Cooling Zoned

Fireplace N

Exterior

Parking Features Additional Parking, Asphalt

Garage Description Additional Parking, Asphalt

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Concrete,EFIS,Masonry Vaneer,Metal Siding

Construction Status Concrete,EFIS,Masonry Vaneer,Metal Siding

Others

Miscellaneous Curb and Gutters,Sidewalk

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/okc/1122654

Multiple Listing Service of Oklahoma (MLSOK)

NEARBY SCHOOL & BUSINESS

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Ashur Khondaker

REALTOR® | License ID: 210299

+1(405) 962-8826