Texas Roadhouse NNN Ground
2512 NW Cache Rd Lawton, OK
2512 NW Cache Rd, Lawton, OK, 00000
Contact for pricing
For Sale
Contact for pricing
NNN ground lease with investment-grade tenant in Lawton, Oklahoma.
Property Size8,736 SF
Lot Size2.08 Acres
Price / SF$414.17
Days on Market274
Property Features for 2512 NW Cache Rd
General Information
- Standard status
- Active
- Size
- 8,736 SF
- Lot size
- 2.08 Acres
- Property subtype
- RETAIL
Listing Agency
Edge Realty Partners | Dallas
(214) 392-3787
Listed by
Brandon Beeson · License #140822
(214) 392-3787
Source
Moodyscre
Added: Oct 21, 2025 Updated: Jul 6 at 10:25 am Checked: Jul 20 at 2:09 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edge Realty Partners | Dallas
Investment Insights
Based on property information with market context.
This property features a high-quality tenant, Texas Roadhouse (NASDAQ: TXRH), a publicly traded, investment-grade national restaurant chain known for its strong operating history and brand recognition. Recently recognized as the #1 casual dining chain in the country, the property is subject to a long-term absolute NNN ground lease with a 15-year term. The lease includes 10% rent escalations every 5 years and three renewal options, offering stable, growing cash flow. The tenant covers all operating expenses, insurance, taxes, and maintenance, resulting in zero landlord responsibilities. The property is situated in Lawton, which serves as the regional economic hub of Southwest Oklahoma and is anchored by Fort Sill, one of the largest U.S. Army installations. This area supports a stable population base, diverse employment drivers, and steady retail demand. The property is located on NW Cache Road, a prime location on Lawton’s retail corridor, offering excellent visibility, strong traffic counts, and proximity to national retailers. The property size is 8736 square feet.
Key Highlights
- High‑Quality Tenant: Features Texas Roadhouse (NASDAQ: TXRH), a publicly traded, investment‑grade national restaurant chain.
- Long‑Term Absolute NNN Ground Lease: Benefit from a 15‑year term with 10% rent escalations every 5 years and three renewal options.
- Zero Landlord Responsibilities: Enjoy hassle‑free ownership as the tenant covers all operating expenses, insurance, taxes, and maintenance.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $185.6k | $21.24 |
| − Vacancy | −$19.1k | −$2.19 |
| EGI | $166.4k | $19.05 |
| − OpEx | −$41.6k | −$4.76 |
| NOI | $124.8k | $14.29 |
8,736 SF · lease $21.24/SF/yr · vacancy 10.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.78M
$1.56M – $2.08M
NOI $124,831 @ 7.0% cap · market cap 3.45%
Second Best
Retail
$1.66M
$1.46M – $1.94M
NOI $116,509 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,379 @ 7.0% cap · market cap 4.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Restaurants
Similar For Sale Nearby
Similar Off Market Nearby
- Firehouse Subs Cache Road — 3407 NW Cache Rd, Lawton, OK 73505
- Cuzzin's barbeque — 3102 NW Arlington Ave, Lawton, OK 73505
FAQs
What type of property is this?
Restaurant - NNN ground lease with investment-grade tenant in Lawton, Oklahoma.
Where is this restaurant located?
The property is located at 2512 NW Cache Rd Lawton, OK.
What is the asking price?
The asking price for this property is $3,618,182.
What are key features of this property?
This property features: High‑Quality Tenant: Features Texas Roadhouse (NASDAQ: TXRH), a publicly traded, investment‑grade national restaurant chain.; Long‑Term Absolute NNN Ground Lease: Benefit from a 15‑year term with 10% rent escalations every 5 years and three renewal options.; Zero Landlord Responsibilities: Enjoy hassle‑free ownership as the tenant covers all operating expenses, insurance, taxes, and maintenance.
