Fully Leased Strip
For Sale
Contact for pricing
6202 NW Cache Rd, Lawton, OK 73505
High-traffic retail location with income and development potential.
Property Size5,572 SF
Lot Size0.83 Acres
Price / SF$125.63
Days on Market153
Property Features for 6202 NW Cache Rd
General Information
Standard status
Active
Size
5,572 SF
Class
B
Lot size
0.83 Acres
Property subtype
Retail
Zoning
C-5
Occupancy
100%
Building Details
Year Built
1973
Buildings
1
Stories
1
Listing Agency:
Cummins-Setters Commercial Partners
Listed By:
Randy Ray · License #OK 155865
Source:
Crexi
Added: Mar 24
Changed: Aug 14
Last Checked: Aug 22 at 8:56AM
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 Cummins-Setters Commercial Partners
Investment Insights
Based on property information with market context.
This 5,572 square foot fully leased strip center is positioned on the sought-after "Restaurant Row" along Cache Road. Situated on a corner lot, the property features 120 feet of frontage and extends approximately 300 feet deep, totaling approximately 0.83 acres. The front of the property includes asphalt-paved parking for customer access, along with an electronic billboard facing Cache Road. The rear portion of the lot stretches to Oak Avenue, offering flexibility for future development, expansion, or additional access. The center is 100% occupied with three tenants. The property generates a gross annual income of just over $75,000, with a net operating income of $49,809. This asset delivers a 7.12% cap rate, making it an attractive opportunity for investors seeking a stabilized, income-producing property in a high-traffic retail corridor. Surrounded by established restaurants and consistent consumer activity, this location continues to perform.
Key Highlights
- Fully leased strip center on high‑traffic "Restaurant Row" with stable income.
- High‑visibility corner lot with 120 feet of frontage on Cache Road.
- Generates $49,809 net operating income with a 7.12% cap rate.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
156k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 18%
Groceries 14%
Los Tres Amigos
Dining
22,366 visits/mo
0.1 miles
Homeland
Groceries
22,337 visits/mo
0.4 miles
Whataburger
Dining
19,965 visits/mo
0.4 miles
Taco Bell
Dining
13,037 visits/mo
0.4 miles
Chili's Grill & Bar
Dining
12,439 visits/mo
0.2 miles
Demographics for 73505, OK
46,881
Population
22,124
Households
2.1
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
64.6 sq mi
ZIP Area
726
Density / Sq Mi
$57,496
Median Household Income
$33,601
Median Earnings
$915
Median Rent
$147,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - High-traffic retail location with income and development potential.
Where is this strip mall located?
The property is located at 6202 NW Cache Rd Lawton, OK.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Fully leased strip center on high‑traffic "Restaurant Row" with stable income.; High‑visibility corner lot with 120 feet of frontage on Cache Road.; Generates $49,809 net operating income with a 7.12% cap rate.
