Corner Convenience Store with
6302 NW Cache Rd, Lawton, OK 73505
For Sale
Contact for pricing
6,000 SF building on a corner with a 3,500 SF convenience store and 2,500 SF lease space.
Property Size6,000 SF
Price / SF$116.50
Days on Market205
Property Features for 6302 NW Cache Rd
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Building Details
Tenancy
Listing Agency:
Beam Real Estate, LLC
(972) 484-6644
Listed By:
Shehzad Ziauddin · License TX #653171
(469) 583-2390
Source:
Moodyscre
Added: Apr 20
Changed: Oct 26
Last Checked: Nov 8 at 5:51AM
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 Beam Real Estate, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 6,000 SF corner commercial property built with two suites, including a 3,500 SF convenience store and an additional 2,500 SF lease space. The asset is offered as a value-add opportunity, with the convenience store positioned to support fuel and retail uses.
The property is located on a busy road in a trade area with nearby retailers, including Dairy Queen next door and Applebee's across the street.
The building’s two-suite configuration provides flexibility for an operator to run the convenience store while leasing the remaining space. Owner financing is available with a down payment of 30% plus inventory.
The property is located on a busy road in a trade area with nearby retailers, including Dairy Queen next door and Applebee's across the street.
The building’s two-suite configuration provides flexibility for an operator to run the convenience store while leasing the remaining space. Owner financing is available with a down payment of 30% plus inventory.
Key Highlights
- 6,000 SF building on a corner in a busy trade area at 6302 NW Cache Road, Lawton, OK 73505
- Split layout with a 3,500 SF convenience store and a 2,500 SF lease space (2 suites total)
- Convenience store location on a busy road with constant traffic and nearby retailers including Dairy Queen and Applebee's
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,303
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,060
$606.1K
Cap Rate 7%
$432,900
$432.9K
Cap Rate 9%
$336,700
$336.7K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$46.8K $7.80/SF
− Vacancy
−$3.5K −$0.59/SF
EGI
$43.3K $7.22/SF
− OpEx
−$13.0K −$2.16/SF
NOI
$30.3K $5.05/SF
Area
Comanche County, OK
Vacancy
7.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,060
Cap Rate 7%
$432,900
Cap Rate 9%
$336,700
Alternative Uses
Best Use
Specialty Retail
$1.22M
$1.07M – $1.43M
NOI $85,735 @ 7.0% cap · market cap 12.27%
Second Best
Retail
$1.14M
$1.00M – $1.33M
NOI $80,020 @ 7.0% cap · market cap 11.45%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,283 @ 7.0% cap · market cap 14.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - 6,000 SF building on a corner with a 3,500 SF convenience store and 2,500 SF lease space.
Where is this gas station located?
The property is located at 6302 NW Cache Rd Lawton, OK.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 6,000 SF building on a corner in a busy trade area at 6302 NW Cache Road, Lawton, OK 73505; Split layout with a 3,500 SF convenience store and a 2,500 SF lease space (2 suites total); Convenience store location on a busy road with constant traffic and nearby retailers including Dairy Queen and Applebee's
