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111 SW C Ave

27,628 SF 100% Leased Office Building Lawton, OK 73501 £2,942,580 (£107/SF) 9.10% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • This investment property has a strong long term lease with a state agency. The property is located near the down town 2nd street revitalization
  • Property has had 1.4 million dollars spent on renovations in the last 3 years.
  • project and Urban Renewal Plan District. It is centrally located next to FtSill Army Base and Interstate 44.

EXECUTIVE SUMMARY

Prime Investment Opportunity...Fully leased office building, with long term agreement with a state entity. Property is located in the Second Street Revitalization and Urban Renewal District. We are close to the Ft. Sill Military Instillation, Lawton Area Transit System, Restaurants, Courthouse, FISTA Center and Interstate 44. DHS lease is NNN- School pays rent and utilities.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
27,628 SF
Building Class
B
Year Built/Renovated
1987/2023
Price
£2,942,580
Price Per SF
£107
Net Initial Yield
9.10%
NOI
£267,754
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
13,814 SF
Building FAR
0.41
Lot Size
1.55 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CBD - Central Business District
Parking
100 Spaces (3.62 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Skylights
  • Storage Space
  • Natural Light
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • DHS
  • Administrative and Support Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Scissortail Childrens School
  • Educational Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
DHS Administrative and Support Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Scissortail Childrens School Educational Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

LINKS

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PROPERTY TAXES

Parcel Number 0034174 Improvements Assessment £0
Land Assessment £315 Total Assessment £315

PROPERTY TAXES

Parcel Number
0034174
Land Assessment
£315
Improvements Assessment
£0
Total Assessment
£315
(580) 704-3109

CONTACT

  • Mark Cox
    Mark Cox
  • Cox Construction

  • Listing ID: 31291163

  • Date on Market: 21/03/2024

  • Last Updated:

  • Address: 111 SW C Ave, Lawton, OK 73501

The Office Property at 111 SW C Ave, Lawton, OK 73501 is currently available for sale. Contact Cox Construction for more information.

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111 SW C Ave
(580) 704-3109 x

111 SW C Ave

Mark Cox

(580) 704-3109

(580) 704-3109

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