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Property profile & analytics
FOR SALE
Drive through restaurants

3323 NW Cache Rd Lawton, OK 73505

2,390 SF Built 1958
Entity Owned
Property ID
US69-0690575
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 2,546 square foot HTeaO quick-service restaurant featuring a dual drive-thru. Located in Lawton, Oklahoma, on a 0.69-acre lot, this Class A property boasts a 15.4-year absolute NNN lease with a prominent franchisee, ensuring minimal landlord responsibilities. The lease includes 1.5% annual rent bumps and CPI adjustments in the options. The property enjoys high visibility on a major retail corridor with daily traffic exceeding 34,000 vehicles. The strong tenant, the largest in the HTeaO system, benefits from the brand's rapid growth and proximity to Fort Sill, a significant military installation, and numerous national retailers. The area's dense population (over 85,000 within a 5-mile radius) and convenient location near shopping centers, a hospital, and a university further enhance its appeal. The property's strong financials include a $1,920,000 asking price, a 6.25% cap rate, and a $120,000 net operating income (NOI). Built in 2024, this is a turnkey investment with significant long-term potential.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,390 SF
APN 6475
UPID US69-0690575
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • HTeaO - Lawton (Bike/Boat/Book/etc) Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Moknlight Land Ownership Company Ll
Moknlight Land Ownership Company Ll
since 2025
Last sale
$255,000
3 recorded transactions
2025
Price N/A
2024
Price N/A
2022
$255,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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