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Family Dollar 2302 NW Sheridan Rd
7,992 SF Retail Building Lawton, OK 73505 $835,578 ($105/SF) 9% Cap Rate
Investment Highlights
- 82,000+ people live within a five-mile radius
- Consistent sales figures – this location reports sales (inquire with broker)
- Minimal landlord responsibilities – Structure only
- Family Dollar has executed numerous lease renewals at this location
- Proximity to Interstate 44 (37,500 VPD), Highway 62 (29,000 VPD), & NW Cache Rd (37,600 VPD)
- Minutes from The United States Army’s Fort Sill Military Base (20,000 personnel)
Executive Summary
The 7,992 square foot property benefits from its position along NW Sheridan Road which experiences over 21,200 vehicles per day. Additionally, the subject is within proximity to three major thoroughfares for the area that include Interstate 44 (37,500 VPD), Highway 62 (29,000 VPD), & NW Cache Rd (37,600 VPD). Family is also located less than one mile from the U.S. Army’s Fort Sill Military Base. Fort Sill is home to over 20,000 active-duty personnel and trainees. The Base is used to train thousands of soldiers annually in artillery and missile operations. There is a large mix of nearby retailers that include Walmart Supercenter, Sam’s Club, ALDI, Goodwill, Whataburger, Raising Cane’s, The Home Depot, Lowe’s, and several others. There are over 82,000 people living within a five mile radius that earn an average household income of $71,195.
Family Dollar is a leading discount retail chain in the United States, operating over 8,000 stores across 46 states. Known for its commitment to providing customers with a wide range of essential products at affordable prices, Family Dollar offers a diverse inventory including groceries, household items, apparel, and seasonal merchandise. The company’s strategic focus on serving low-to-moderate-income communities ensures a steady and loyal customer base. Family Dollar’s efficient supply chain management and extensive store network contribute to its robust financial performance, making it a reliable tenant and a valuable asset for investors seeking stable returns in the retail sector.
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Dec 2026
Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Dec 2026 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0026852 | Improvements Assessment | $52,219 |
| Land Assessment | $19,822 | Total Assessment | $72,041 |
PROPERTY TAXES
Presented by
Family Dollar | 2302 NW Sheridan Rd
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