Walgreens Pharmacy Investment
701 NW Sheridan Rd, Lawton, OK 73505
NNN leased Walgreens in Lawton, OK with long-term cash flow.
Type:Retail
Property size:
15,120 SFLot size:
1.70 AcresPrice / SF:
$195/SF- Added:
- Jan 29, 2026
- Days on Market:
- 111
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 701 NW Sheridan Rd
General Information
- Standard status
- Active
- Size
- 15,120 SF
- Lot size
- 1.70 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1998
Listing agent Caroline Pinkston License #TX 601565
Listing office JLL - Dallas | Cedar Springs, Texas
Listing date Jan 29, 2026
Source Crexi
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 JLL - Dallas | Cedar Springs, Texas
HighLights
- NN Lease with Walgreens provides secure, long‑term cash flow thanks to its investment‑grade tenancy.
- High‑traffic location at a hard corner, signalized intersection with 38,300+ combined vehicles per day.
- Located across from Sam's Club and Walmart Supercenter, drawing 4.7M annual visitors.
- Large 1.7‑acre site with an annual rent of $236,600.
- Approximately 7.8 years of primary lease term remaining, plus four, five‑year renewal options.
- Located in a growing submarket with new developments, including a $65+ million manufacturing facility.
Overview
The Walgreens Pharmacy, located at 701 NW Sheridan Rd, Lawton, OK 73505, is available for acquisition. The tenant operates under a NN lease with approximately 7.8 years of primary term remaining, along with four, five-year renewal options. Walgreens Boots Alliance, Inc., a pharmacy-led health and wellbeing company, backs the lease. With approximately $154.6 billion in TTM September 2025 revenue, over 315,000 employees, and more than 12,500 stores, Walgreens maintains a prominent position in the pharmacy retail and healthcare services sectors. The company continues to expand its healthcare offerings and omnichannel capabilities, positioning itself as one of the most accessible pharmacy chains and healthcare service providers in North America and Europe. The property is situated on a 1.7-acre site with an annual rent of $236,600. It is strategically positioned at the hard corner, signalized intersection of NW Ferris Ave (10,500 VPD) and NW Sheridan Rd (27,800 VPD), providing connectivity to NW Cache Rd, which accommodates over 37,000+ vehicles per day. The site is located within a well-established retail corridor and is ideally located across the street from Sam’s Club and Walmart Supercenter, which draw an impressive 4.7M annual visitors. The surrounding area has over 82,000 residents within a 5-mile radius. The submarket has seen an uptick in new local developments including Firehawk Aerospace’s new $65+ million state-of-the-art manufacturing facility. The property size is 15,120 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Walgreens
Pharmacy
Walgreens Pharmacy
Pharmacy
Walgreens Photo
(Bike/Boat/Book/etc) Store
COVID-19 Drive-Thru Testing ...
Pharmacy
Redbox
Cinema
Similar Places Nearby
- Sheridan Express Pharmacy — 205 SW Sheridan Rd, Lawton, OK 73505
- William H. Smith, DPH — 205 SW Sheridan Rd, Lawton, OK 73505
- Mark G. Corrales, DPH — Lawton, OK 73501
- Kimera J. Carel, DPH — Lawton, OK 73505
- Great Plains Pharmacy — 3201 W Gore Blvd, Lawton, OK 73505
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.421997
- Latitude
- 34.617035
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - NNN leased Walgreens in Lawton, OK with long-term cash flow.
Where is this drug store located?
The property is located at 701 NW Sheridan Rd Lawton, OK.
What is the asking price?
The asking price for this property is $2,957,000.
What are key features of this property?
This property features: NN Lease with Walgreens provides secure, long‑term cash flow thanks to its investment‑grade tenancy.; **High‑traffic location** at a hard corner, signalized intersection with 38,300+ combined vehicles per day.; Located across from Sam's Club and Walmart Supercenter, drawing 4.7M annual visitors.
