6502 Cache Rd Lawton, OK 73505
- Strip malls
- 18,300 SF
- 1.03 lot acres
Current Use by Public Records
- A1 Appliance Parts LLC / Appliance Repair Service
Property Details for 6502 Cache Rd
- Year built
- 1972
- Lot size
- 1.03 lot acres
- Property size
- 18,300 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 25407
- APU
- 25407
Description
This exceptional 29,860-square-foot shopping center in Lawton, Oklahoma, presents a compelling investment opportunity. Located on NW Cache Road, Lawton's highest-traffic thoroughfare, this single-story, Class C property boasts excellent visibility and accessibility. Built in 1972, the 1.03-acre site features a single building with 40 parking spaces and is zoned C-5, allowing for retail and/or office use. Currently 90% occupied by long-term tenants, who are responsible for their own repairs and utilities, this turnkey investment requires minimal deferred maintenance. The property features building facade signage, capitalizing on its prime location and high traffic volume. Low inventory in the area further enhances its investment value. This property offers a stable income stream with significant upside potential for a savvy investor. The eleven units are well-maintained and ready for immediate income generation. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.4736
- Latitude
- 34.6231
- CBSA code
- 30020
- CBSA name
- LAWTON, OK METROPOLITAN STATISTICAL AREA
