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2212-2220 NW Fort Sill Blvd 9,375 SF 20% Leased Retail Building Lawton, OK 73507 $295,000 ($31.47/SF)
INVESTMENT HIGHLIGHTS
- main Ft Sill gate traffic
- very little differed maintenance
- Close to High School, middle school and retail district
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (PRO FORMA - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$84,375
|
$9.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$16,875
|
$1.80
|
| Effective Gross Income |
$67,500
|
$7.20
|
| Taxes |
$2,020
|
$0.22
|
| Operating Expenses |
$3,500
|
$0.37
|
| Total Expenses |
$5,520
|
$0.59
|
| Net Operating Income |
$61,980
|
$6.61
|
FINANCIAL SUMMARY (PRO FORMA - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $84,375 |
| Annual Per SF | $9.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $16,875 |
| Annual Per SF | $1.80 |
| Effective Gross Income | |
|---|---|
| Annual | $67,500 |
| Annual Per SF | $7.20 |
| Taxes | |
|---|---|
| Annual | $2,020 |
| Annual Per SF | $0.22 |
| Operating Expenses | |
|---|---|
| Annual | $3,500 |
| Annual Per SF | $0.37 |
| Total Expenses | |
|---|---|
| Annual | $5,520 |
| Annual Per SF | $0.59 |
| Net Operating Income | |
|---|---|
| Annual | $61,980 |
| Annual Per SF | $6.61 |
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Spaces 2214 and 2216 have been combined in the past into one space. They share a common kitchen with 2218. The existing floorplan has a medium sized area in the front with the rest as one open area. The previous tenant in the medium sized area was a beauty shop.
Space is in about 2 equal halves, front and back. Shared kitchenette with space 2216 and 2214.
Open front area for retail with 3 offices, kitchen, steam room/sauna, and large shower.
| Space | Size | Space Use | Position | Available |
| 2214-2216 | 3,750 SF | Retail | In-Line | Now |
| 2218 | 1,875 SF | Retail | In-Line | Now |
| 2220 | 1,875 SF | Office | - | Now |
2214-2216
| Size |
| 3,750 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2218
| Size |
| 1,875 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2220
| Size |
| 1,875 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
2214-2216
| Size | 3,750 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Spaces 2214 and 2216 have been combined in the past into one space. They share a common kitchen with 2218. The existing floorplan has a medium sized area in the front with the rest as one open area. The previous tenant in the medium sized area was a beauty shop.
2218
| Size | 1,875 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Space is in about 2 equal halves, front and back. Shared kitchenette with space 2216 and 2214.
2220
| Size | 1,875 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Open front area for retail with 3 offices, kitchen, steam room/sauna, and large shower.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0015634 | Total Assessment | $22,500 (2024) |
| Land Assessment | $15,860 (2024) | Annual Taxes | $2,020 ($0.22/SF) |
| Improvements Assessment | $6,640 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Presented by
2212-2220 NW Fort Sill Blvd
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