923 Sheridan Rd Lawton, OK 73505-5250

This exceptional investment opportunity presents a 510-square-foot, drive-thru-only 7 Brew coffee shop located at 923 NW Sheridan Rd, Lawton, OK 73505. The property sits on a 0.88-acre lot and boasts a 15-year absolute NNN ground lease with a 6.25% cap rate and a $93,000 annual net operating income (NOI). The lease includes five 5-year renewal options, each with a 10% rent increase. Built in 2022, this 100% occupied property benefits from its prime location in Lawton's main retail corridor, directly across from a top-performing Walmart Supercenter and Sam's Club, and near other national retailers including Aldi, Chick-fil-A, Whataburger, and Raising Cane's. The property's high visibility and accessibility on NW Sheridan Road, a thoroughfare with over 28,000 vehicles passing daily, ensure consistent customer traffic. Lawton's robust economy is significantly driven by the nearby Fort Sill military base, a major employer supporting over 100,000 people and generating nearly $2 billion annually. The 7 Brew franchisee operating this location is a significant player in the rapidly expanding 7 Brew chain, with 21 units and growing. This investment offers a compelling combination of strong tenant, prime location, and favorable lease terms, making it an attractive addition to any portfolio. The asking price is $1,488,000, representing a price per square foot of $2,917.65.