Net Leased Grocery Retail
3608 East Gore Boulevard Lawton, OK 73501
For Sale
Contact for pricing
Brand-new DG Market is leased under an absolute NNN structure with a 15-year term and renewal options.
Property Size10,640 SF
Price / SF$221.99
Days on Market17
Property Features for 3608 East Gore Boulevard
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing Agency:
SHOP Companies
Listed By:
Will Lightfoot · License #OK 156466
Source:
Crexi
Added: Jul 7
Changed: Jul 22
Last Checked: Jul 23 at 8:36AM
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 SHOP Companies
Investment Insights
Based on property information with market context.
Shop Companies offers for sale a brand-new construction, absolute NNN leased DG Market in Lawton, Oklahoma.
The property is positioned just off E. Gore Boulevard, which carries nearly 9K vehicles per day, providing convenient access to surrounding residential neighborhoods. It is directly in front of The Flats at MacArthur and across from Legend Park Apartments, with nearby support from the Regal Estates neighborhood.
The facility is leased to Dollar General (DG) under a 15-year lease structure. The lease includes rental increases of 5% every 5 years, with corresponding increases during each of the five 5-year option periods.
The property is positioned just off E. Gore Boulevard, which carries nearly 9K vehicles per day, providing convenient access to surrounding residential neighborhoods. It is directly in front of The Flats at MacArthur and across from Legend Park Apartments, with nearby support from the Regal Estates neighborhood.
The facility is leased to Dollar General (DG) under a 15-year lease structure. The lease includes rental increases of 5% every 5 years, with corresponding increases during each of the five 5-year option periods.
Key Highlights
- Brand‑new construction Dollar General DG Market (Year Built: 2026) in Lawton, OK
- Absolute NNN lease structure with a 15‑year initial term and renewal options
- Lease features 5% rental increases every 5 years and in each of the five 5‑year option periods
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 | $226.0k | $21.24 |
| − Vacancy | −$23.3k | −$2.19 |
| EGI | $202.7k | $19.05 |
| − OpEx | −$50.7k | −$4.76 |
| NOI | $152.0k | $14.29 |
10,640 SF · lease $21.24/SF/yr · vacancy 10.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.17M
$1.90M – $2.53M
NOI $152,037 @ 7.0% cap · market cap 6.44%
Second Best
Retail
$2.03M
$1.77M – $2.37M
NOI $141,901 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$2.62M
$2.29M – $3.05M
NOI $183,154 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
NNN property - Brand-new DG Market is leased under an absolute NNN structure with a 15-year term and renewal options.
Where is this nnn property located?
The property is located at 3608 East Gore Boulevard Lawton, OK.
What is the asking price?
The asking price for this property is $2,362,000.
What are key features of this property?
This property features: Brand‑new construction Dollar General DG Market (Year Built: 2026) in Lawton, OK; Absolute NNN lease structure with a 15‑year initial term and renewal options; Lease features 5% rental increases every 5 years and in each of the five 5‑year option periods
