Skip to main content

Restaurant

HTeaO w/ Dual Drive-Thru w/ Increases | 15 Year Absolute Net Lease | Largest Franchisee in the Chain

3323 NW Cache Rd, Lawton (Oklahoma City MSA), OK 73505

Listing Price: $1,920,000

Cap Rate
6.25%
Tenant Name
HTeaO
Years Remaining On Lease
15.4
Gross SF
2,546
Guarantor
Franchisee Guarantee
Rentable SF
2,546
Price/Gross SF
$754.12
Lease Type
Absolute Net
Rent Per Square Feet
$47.13

Investment Overview

Lawton is a city in and the county seat of Comanche County, in the U.S. state of Oklahoma. Located in southwestern Oklahoma, approximately 87 mi southwest of Oklahoma City, it is the principal city of the Lawton, Oklahoma, metropolitan statistical area. According to the 2020 census, Lawton’s population was 90,381, making it the sixth-largest city in the state, and the largest in Western Oklahoma. Although Lawton’s economy is still largely dependent on Fort Sill, it has grown to encompass manufacturing, higher education, health care, and retail. The city has a council-manager government; the city council members are elected from single-member districts and the mayor is elected at-large. They hire a professional city manager to direct daily operations. Interstate 44 and three major United States highways serve the city, while Lawton-Fort Sill Regional Airport connects Lawton by air. Recreation can be found at the city’s many parks, lakes, museums, and festivals. Notable residents of the city include many musical and literary artists, as well as several professional athletes.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 1.5% Annual Increases throughout the Initial Term and CPI Adjustments in the Options. Brand New Construction w/ Dual Drive-Thru.
  • Positioned Along Area's Major Retail and Traffic Corridor. Features Easy Access and Excellent Visibility at an Intersection with Daily Traffic Counts Exceeding 34k Vehicles.
  • Largest Franchisee in HTeaO System - HTeaO is the Largest and Fastest Growing Iced Tea Operator in the Quick Serve Restaurant Space, focusing primarily on serving Texas Style Refreshing Iced Tea.
  • Minutes from Fort Sill - One of the most Important and Largest Military Installations in the United States - Home to 53k, including 20k Personnel and 33k Family Members.
  • Near Numerous National Retailers including Walmart Supercenter, Lowe's, The Home Depot, Sam's Club, Big Lots, ALDI, Harbor Freight Tools, Ross Dress for Less, Hobby Lobby and many more.
  • Densely Populated Area: Features more than 85k People Residing within a 5-Mile Radius. Lawton, has Experienced Moderate Population Growth over the past few Decades.
  • Near Central Plaza - a Shopping Center Offering a Mix of Retail Stores, Dining Options, and Services. It's a Convenient Hub for Local Shoppers and Visitors, providing a Range of Businesses and Amenities in a Central Location.
  • Down the Street from Comanche County Memorial Hospital - a Comprehensive Healthcare Facility Offering Services like Emergency Care, Surgery, and Specialized Treatments. As a Regional Healthcare Provider, it focuses on Advanced Medical Care and Serves Patients Throughout Southwest Oklahoma. In Close proximity to Cameron University - serves around 4k Students, offering a Diverse and Inclusive Environment. The University provides more than 50 Degree Programs, Focusing on Accessible and Affordable

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Restaurant

HTeaO w/ Dual Drive-Thru w/ Increases | 15 Year Absolute Net Lease | Largest Franchisee in the Chain

Listing Price: $1,920,000

Cap Rate
6.25%
Tenant Name
HTeaO
Years Remaining On Lease
15.4
Gross SF
2,546
Guarantor
Franchisee Guarantee
Rentable SF
2,546
Price/Gross SF
$754.12
Lease Type
Absolute Net
Rent Per Square Feet
$47.13

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 1.5% Annual Increases throughout the Initial Term and CPI Adjustments in the Options. Brand New Construction w/ Dual Drive-Thru.
  • Positioned Along Area's Major Retail and Traffic Corridor. Features Easy Access and Excellent Visibility at an Intersection with Daily Traffic Counts Exceeding 34k Vehicles.
  • Largest Franchisee in HTeaO System - HTeaO is the Largest and Fastest Growing Iced Tea Operator in the Quick Serve Restaurant Space, focusing primarily on serving Texas Style Refreshing Iced Tea.
  • Minutes from Fort Sill - One of the most Important and Largest Military Installations in the United States - Home to 53k, including 20k Personnel and 33k Family Members.
  • Near Numerous National Retailers including Walmart Supercenter, Lowe's, The Home Depot, Sam's Club, Big Lots, ALDI, Harbor Freight Tools, Ross Dress for Less, Hobby Lobby and many more.
  • Densely Populated Area: Features more than 85k People Residing within a 5-Mile Radius. Lawton, has Experienced Moderate Population Growth over the past few Decades.
  • Near Central Plaza - a Shopping Center Offering a Mix of Retail Stores, Dining Options, and Services. It's a Convenient Hub for Local Shoppers and Visitors, providing a Range of Businesses and Amenities in a Central Location.
  • Down the Street from Comanche County Memorial Hospital - a Comprehensive Healthcare Facility Offering Services like Emergency Care, Surgery, and Specialized Treatments. As a Regional Healthcare Provider, it focuses on Advanced Medical Care and Serves Patients Throughout Southwest Oklahoma. In Close proximity to Cameron University - serves around 4k Students, offering a Diverse and Inclusive Environment. The University provides more than 50 Degree Programs, Focusing on Accessible and Affordable

Investment Overview

Lawton is a city in and the county seat of Comanche County, in the U.S. state of Oklahoma. Located in southwestern Oklahoma, approximately 87 mi southwest of Oklahoma City, it is the principal city of the Lawton, Oklahoma, metropolitan statistical area. According to the 2020 census, Lawton’s population was 90,381, making it the sixth-largest city in the state, and the largest in Western Oklahoma. Although Lawton’s economy is still largely dependent on Fort Sill, it has grown to encompass manufacturing, higher education, health care, and retail. The city has a council-manager government; the city council members are elected from single-member districts and the mayor is elected at-large. They hire a professional city manager to direct daily operations. Interstate 44 and three major United States highways serve the city, while Lawton-Fort Sill Regional Airport connects Lawton by air. Recreation can be found at the city’s many parks, lakes, museums, and festivals. Notable residents of the city include many musical and literary artists, as well as several professional athletes.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

MM Texture Background
MM Textured Background Lower