6211 NW Cache Rd - Restaurant FOR SALE


Lawton, OK 73505
$3,223,815 USD
512-768-0380
6211 NW Cache Rd, Lawton, OK for Sale
$3,223,815 USD
Restaurant - FOR SALE
1/5
null | 6.75% Cap Rate

6211 NW Cache Rd
Lawton, OK 73505


HIGHLIGHTS

  • 7+ Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Annual Rent Increases Providing a Healthy Hedge Against Inflation
  • Strong Guarantee From RMH Franchise Holdings - Currently Operating Over 130 Restaurants Across 14 States
  • Strategically Located on NW Cache Rd - Which Sees an Average of Over 16,000 Vehicles Per Day
  • Lawton is Home to Fort Sill, a United States Army Field Artillery School, With a Population of 53,000 Military and Civilian Personnel
  • 2-Miles From Highway 62, a Major East-West Interstate Running Through Oklahoma Into Texas

OVERVIEW

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

FOR SALE DETAILS

PRICE

$3,223,815 USD

PRICE/SF

$631 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Applebee's - Lawton, OK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

-

APN/PARCEL ID

160076940

ASK ABOUT THIS PROPERTY

Jordan MulloySands Investment Group Austin, LLCMore Info
512-768-0380

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Jordan MulloySands Investment Group Austin, LLCMore Info
512-768-0380

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.