7010 Southwest Lee Boulevard

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7010 Southwest Lee Boulevard

Lawton, OK 73505
Asking Price
$2.72M
Cap Rate
6%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Retail | 6.0% CAP | 12,678 SqFt <ul><li>​2024 Development Dollar General Market in Lawton, OK With 13+ Years Remaining on Primary Term </li><li>​Absolute NNN Lease – Zero Landlord Responsibilities </li><li>​5% Rent Increases Every 5 Years </li><li>​12,687 Square Foot Prototype That Accommodates a Larger Volume of Customers </li><li>​Hard Corner Lot Along SW Lee Blvd With 16,000+ Vehicles Passing in Front of Subject Property Daily </li><li>​Dense 5‑Mile Trade Area With 63,000+ Residents Surrounded by Established Residential Nei

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NOI
$80,000
Cap Rate
2.94%
DSCR
0.49
Underwater
Cash-on-Cash
-9.99%
Monthly Payment
$13,468.95
Annual Cash Flow
$-81,627.398

Location & Travel Times