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Lawton, OK - 7-Eleven (Stripes)

$785,000

2 SW 11th St, Lawton, OK 73501

Active
Last Updated: 12/04/2025

5.5

Cap Rate

43,200

NOI

Details:
Cap Rate:    5.5%
NOI:    $43,200
Building Size:    2,585 sqft
Lot Area:    0.52 acres
Occupancy:    100%
Year Built:    1983
Zoning:    C-5, General Commercial District
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

Map:
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