Current Use by Public Records
- Valir Physical Therapy - Lawton / Medical Clinic
Property Details for 5117 Gore Blvd
- Year built
- 2006
- Lot size
- 0.94 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a fully occupied, 11,629 square foot retail storefront located at 5117-5127 W. Gore Blvd in Lawton, Oklahoma. Built in 2006, this multi-tenant property boasts a strong 100% occupancy rate with a remaining lease term of 5 years on a Net-Net lease structure. The property sits on a 0.94-acre lot and is zoned C-1, allowing for a variety of commercial uses. With five thriving businesses currently operating within the building, this investment offers a stable and attractive return. The property features ample parking and three highly visible pylon signs, ensuring maximum exposure for tenants. The asking price is $2,200,000, representing a price per square foot of $189.18 and a projected cap rate of 5.46%. The pro-forma net operating income (NOI) is $120,030. Conveniently located on high-traffic Gore Boulevard, this property benefits from proximity to Eisenhower High School, Stripes convenience store, and the Lawton Firefighter Department, ensuring consistent foot traffic and visibility. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-established, high-performing retail investment in a desirable Lawton location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.4565
- Latitude
- 34.6094
