1320 Nw Homestead Dr, Lawton

$1,475,000

0 Beds
12 Baths
10 Sqft
1.28 Acres
0 Garages

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.

Essential Information
MLS® #152893
Price$1,475,000
Bathrooms12.00
Square Footage10
Square Footage10,001 - 20,000
Acres1.28
Year Built1996
TypeCommercial
Sub-TypeOFFICE BUILDING
StatusActive
Community Information
Address1320 Nw Homestead Dr
AreaTOMLINSON HMSTD
CityLawton
CountyComanche
StateOK
Zip Code73505
Amenities
Parking Spaces80
Parking80 parking spaces
Features

Security Lighting, Smoke/Heat Alarm

Interior
AppliancesWalk-In Coolers
HeatingZoned, Central Electric
CoolingZoned, Central Electric
# of Stories1
StoriesOne
Exterior
Exterior FeaturesBrick Veneer
RoofMetal
Additional Information
Date ListedMarch 12th, 2019
Days on Market68
ZoningC-1 Local Comm Dist
Listing Details
AgentKimberly Thomas
OfficeRE/MAX PROFESSIONALS
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Data last updated: May 19th, 2019 at 11:13pm CDT and updating occurs up to every 15 minutes.

The information being provided by the Lawton Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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