Outback Steakhouse (Corporate Guarantee)

7206 NW Cache Road, Lawton, OK 73505

Property Description

Price: $1,770,000
Price Per/SF: $286.83
Land Area: ±1.97 AC (±85,813 Square Feet)
Cap Rate: 6.00%
Gross Leasable Area: ±6,171 Square Feet
Year Built: 1999

Investment Highlights

Corporate Guaranteed Lease

Tenant Operating at a Very Low Rent to Sales Ratio of 3.77%

Prime Retail Location

  • Located on NW Cache Road with Traffic Counts Exceeding 14,000 Cars Per Day
  • The Subject Property boasts an Expansive 1.98-Acre Lot, Providing Ample Space for 125 Parking Spots
  • Within Close Proximity to Several Major Retailers such as Homeland, Ace Hardware, Whataburger, Freddy’s Frozen Custard, Dollar Tree, Target, T.J. Maxx, Walmart, Panda Express, and Many More

Corporate Guarantee

  • Absolute NNN Property with Zero Landlord ResponsibilitiesIdeal for Investors Not Local to the Market
  • Outback Steakhouse has Over 1,300 Locations in 23 Countries
  • Outback Steakhouse is a Subsidiary of Bloomin’ Brands Restaurant Group. Bloomin’ Brands Reported Over $4.4 Billion in Revenue

Pride of Property Ownership Lawton, OK

  • 4 Miles from Fort Sill, a 94,000-Acre Army Base Generating Nearly $2 Billion Annually and Supporting over 100,000 Military Personnel, Family Members, Civilians, Retirees and Contractors in the Lawton-Southwest Oklahoma Region. Fort Sill is the State’s Third-Largest Single Site Employer.
  • Located in Densely Populated Market with Over 66,380 Residents within 5 Miles
  • Average Household Income within 1 Mile Exceeds $77,713

Broker of Record: Tim Speck – License: #149994

Contact Information

Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
[email protected]
License: CA 01958307

Ron Duong
Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643

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