Lawton, OK - 7-Eleven (Stripes)
$785,000
2 SW 11th St, Lawton, OK 73501
5.5
Cap Rate
43,200
NOI
Details:
Description:
• 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
• The property is strategically located at the signalized hard corner intersection of W Gore Blvd and SW 11th St, combining for more than 27,700 VPD
• Excellent visibility and access with multiple points of ingress/egress
• Surrounded by top national retailers including a Walmart Supercenter, Sam’s Club, Lowe’s Home Improvement, The Home Depot, and Dick’s Sporting Goods
Location
Gallery