102 SW 11th St Lawton, OK 73501

Building Details

Year built

1972

Architectural style

Other

Listing agent Brenda Spencer-Ragland License #183998,PersonLicenseNumber Show Phone

Listing office NextHome Tri-Covenant Realty 1001 SW B Ave, Suite 150 & 160, OK Show Phone

Listing date Nov 1, 2025

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MLS# 169990 Listing URL

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Investment Insights

Based on property information with market context.

Located in Lawton, Oklahoma, this commercial property offers 22,080 square feet of space. The property is currently leased at $5,750 per month. Recent updates include electrical and plumbing improvements, a freshly painted interior in two suites, a roof that is two years old, updated HVAC systems, and the installation of LED lighting with panels throughout the entire building. The loading deck features a new garage door. One of the smaller suites includes stainless steel kitchen equipment, a newly updated bathroom, doors, flooring, fresh paint, a wall-mounted TV, and tables and chairs to accommodate tenant needs. There are 135 parking spaces available. The current lease income is $5,750 per month, equating to $69,000 per year, which averages to approximately $3.12 per square foot per year. A vacant suite presents an opportunity to generate an estimated $2,500 to $3,000 per month, potentially increasing the capitalization rate.

Key Highlights

• Current lease income of $69,000/year ($5,750/month).
• Large building size: 22,080 SF.
• Significant recent updates: electrical, plumbing, HVAC, LED lighting, roof (2 years old), and garage door.

Property Analytics

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FAQs

What type of property is this?

Retail space - 22,080 SF commercial property in Lawton, Oklahoma.

Where is this retail space located?

The property is located at 102 SW 11th St Lawton, OK.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: Current lease income of $69,000/year ($5,750/month).; Large building size: **22,080 SF**.; Significant recent updates: electrical, plumbing, HVAC, LED lighting, roof (2 years old), and garage door.