Southern Shingles Lawton, OK

411 SE Simpson St
Lawton, OK

Price: $1,100,000
Cap Rate: 7.90%
NOI: $87,000
Building Size: Approx. 20,000 Sq. Ft.
Lot Size: Approx. 1.4 Acres
Type: Single-Tenant / Industrial
Year Built / Renovated: 1960 / 2017

Investment Overview

  • 2017 Renovation. 20,000+/- SF Building on 1.4+/- Acre Site
  • SRS Warehouse – 7 Yr NN Lease w/ 2 Yrs Remaining w/ Option to Negotiate Rent Increases
  • Near Chick-fil-A, McDonald’s, Domino’s Pizza, Petco, Walmart, Whataburger, Family Dollar
  • SRS Distribution, Inc. is one of the Fastest Growing Building Products Distribution Companies
  • Lawton has Become the Regional Employment and Retail Center for SW Oklahoma
  • Lawton  |  Largest Retail Hub Between Dallas and Oklahoma City |  Population: 94,000+