Cap Rate: 5.75%
Net Operating Income: $42,487
Square Footage: 5,000 SF
The subject property is a 5,000 square foot Sherwin Williams store servicing a population of over 120,750 residents in Comanche County. This site offers excellent exposure along Horton Blvd and Cache Road with 29,385 vehicles per day. The asset is surrounded by major retailers including: Walgreens, Popeyes’, Applebee’s, Chilli’s, Sonic, Circle K, Dairy Queen, and more.
Lawton is a city in, and the county seat of, Comanche County, in the U.S. state of Oklahoma. Located in southwestern Oklahoma, approximately southwest of Oklahoma City, it is the principal city of the Lawton, Oklahoma, metropolitan statistical area. According to the 2010 census, Lawton’s population was 96,867, making it the fifth-largest city in the state, and the largest in Western Oklahoma.