Listing photo for 1320 Nw Homestead Dr, Lawton, OK
Listing photo for 1320 Nw Homestead Dr, Lawton, OK
Listing photo for 1320 Nw Homestead Dr, Lawton, OK
Listing photo for 1320 Nw Homestead Dr, Lawton, OK
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1320 Nw Homestead Dr,

Lawton, OK


12 Baths
10 Sqft
1.28 Acres

This great commercial property features 8 tenant suites ranging in size from 710 SF to 5,190 SF. The Gross Lease-able area of the office building is 18,900 SF. Six of the 8 suites are currently occupied. Monthly income and expenses are based on the current occupancy so NOI will increase as vacancies are filled. This property has been well maintained with roof maintenance completed in a timely manner and many of the roof top HVAC systems replaced over the past 5 years. The leases are Triple Net Leases so tenants pay their pro-rated share of common area maintenance costs, property taxes and hazard insurance. Tenants also contribute the first $500 toward maintenance issues within their suites. Many of the tenants have been tenants for many years and signed lease renewals and extensions. The property has visibility from Cache Road and is on a main side road that Lawtonians use for traveling from Cache Road to Sheridan. Parking is more than sufficient for the building and there is adequate handicap accessibility. All tenant suites are separately metered for electricity and each have at least one handicap accessible restroom. This property would make a great investment for an owner looking for a monthly income stream. Call Kim Thomas today to discuss this property, 580-704-9916.

Facts & Features
MLS® # 152893
Price $1,475,000
Bathrooms 12.00
Square Footage 10
Square Footage 10,001 - 20,000
Acres 1.28
Year Built 1996
Type Commercial
Status Active
Community Information
Address 1320 Nw Homestead Dr
City Lawton
County Comanche
State OK
Zip Code 73505
Features Security Lighting, Smoke/Heat Alarm
Parking Spaces 80
Parking 80 parking spaces
Appliances Walk-In Coolers
Heating Zoned, Central Electric
Cooling Zoned, Central Electric
# of Stories 1
Stories One
Exterior Features Brick Veneer
Roof Metal
Additional Information
Date Listed March 12th, 2019
Days on Market 74
Zoning C-1 Local Comm Dist
Short Sale No
Listing Details
Photo of Susan Stricklin

Susan Stricklin

Office: 580-351-0444
Cell: 580-917-0707
Mortgage Specialist
Photo of Gail Strickland

Gail Strickland

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