Applebee's - Lawton, OK | 6211 NW Cache Rd
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Applebee's - Lawton, OK 6211 NW Cache Rd
5,256 SF Retail Building Lawton, OK 73505 $3,223,815 ($613/SF) 6.75% Cap Rate
Investment Highlights
- 7+ Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Strong Guarantee From RMH Franchise Holdings - Currently Operating Over 130 Restaurants Across 14 States
- Lawton is Home to Fort Sill, a United States Army Field Artillery School, With a Population of 53,000 Military and Civilian Personnel
- Annual Rent Increases Providing a Healthy Hedge Against Inflation
- Strategically Located on NW Cache Rd - Which Sees an Average of Over 16,000 Vehicles Per Day
- 2-Miles From Highway 62, a Major East-West Interstate Running Through Oklahoma Into Texas
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,256 SF Applebee's Located at 6211 NorthWest Cache Road in Lawton, OK. This Deal Includes 7+ Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities and Annual Rent Increases Providing a Strong Hedge Against Inflation. This Location Features a Guarantee From RMH Franchise Holdings With Over 130 Restaurants Across 14 States. With a High Yield, Rare Annual Increases & Triple Net (NNN) Lease, This Asset Offers an Attractive Opportunity For an Investor.
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,256 SF
Building Class
C
Year Built/Renovated
1996/2004
Price
$3,223,815
Price Per SF
$613
Cap Rate
6.75%
NOI
$217,607
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.30 AC
Frontage
228 FT on NW Cache Rd
Amenities
- Pylon Sign
- Restaurant
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Applebee’s
- Accommodation and Food Services
- 5,256 SF
- $41.40
- Full Service Gross
- Dec 2032
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Applebee’s | Accommodation and Food Services | 5,256 SF | $41.40 | Full Service Gross | Dec 2032 |
Walk Score ®
Very Walkable (78)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 160076940 | Improvements Assessment | $65,342 |
| Land Assessment | $107,419 | Total Assessment | $172,761 |
PROPERTY TAXES
Parcel Number
160076940
Land Assessment
$107,419
Improvements Assessment
$65,342
Total Assessment
$172,761
Contacts
-
Jordan Mulloy -
Daniel Hoogesteger -
Max Freedman -
Sands Investment Group Austin, LLC
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Applebee's - Lawton, OK | 6211 NW Cache Rd
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