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925+ TRANSACTIONS | OVER $3.3 BILLION SOLD


Heritage Plaza 1809 Gore Blvd Lawton, Ok 73501

Offering Summary Price

$1,625,000

$161,100

$8.54

$0.00

$0.00

$161,100

$8.54

Real Estate Taxes

$0

$0.00

Insurance

$0

$0.00

CAM

$0

$0.00

Mgmt. Fee

$0

$0.00

Total Exp. Reimb.

$0

$0.00

$161,100

$8.54

($8,055.00)

($0.43)

$153,045

$8.11

Real Estate Taxes

($8,263)

($0.44)

Insurance

($3,199)

($0.17)

CAM

($6,700)

($0.36)

($4,833)

($0.26)

($22,995)

($1.22)

$130,050

Base Rent - Lease Up Space

$86.16

Occupancy

100.0%

Year Built

1971 18,860 SF

Acres

PSF

Base Rent - Occupied Space

Price PSF

Gross Leasable Area

Current

8.00%

Cap Rate Net Operating Income

Income & Expenses

0.79 Acres

Heritage Plaza

100%

GROSS POTENTAL RENT Exp. Reimb.

GROSS POTENTIAL INCOME Vacancy Factor (economic)

5.00%

EFFECTIVE GROSS INCOME Expenses

Mgmt. Fee (% of GPI) Total Expenses

Net Operating Income

3.00%

$130,050

HUDSON LAMBERT

JASON VITORINO

469.844.8030 | HLambert@StriveRE.com

469.844.8887 | JVitorino@StriveRE.com


Suite

Tenant

Sq Ft

% of SQ FT

Start

End

Annual Rent

PSF

Escalation Date

Escalation Amount

Options

Lease Type

1807

LN Nails

1,872

9.9%

3/1/20

2/28/25

$16,200.00

$8.65

3/1/23

$8.97

1x3

-

1809

Greenwood Office Prod-

1,872

9.9%

1/1/12

12/31/17

$19,500.00

$10.42

-

-

-

-

1811

Big Chief Collective

1,872

9.9%

1/1/19

12/31/21

$16,200.00

$8.65

1/1/22

$8.97

1x3

-

1813-

Academy Counseling

700

3.7%

6/1/19

5/31/21

$7,200.00

$10.29

-

-

-

-

1815

Counseling Cohort

1,300

6.9%

6/1/19

5/31/21

$12,000.00

$9.23

-

-

-

-

1817-

Vintage Addition

3,744

19.9%

9/1/17

8/31/20

$30,000.00

$8.01

9/1/20

$8.17

1x3

-

1821

Housefull Resale Shop

4,000

21.2%

9/1/17

8/31/20

$30,000.00

$7.50

9/1/20

$7.65

1x3

-

1823

Allure Bridal

3,500

18.6%

9/1/17

8/31/20

$30,000.00

$8.57

9/1/20

$8.91

1x3

-

Occupied

18,860

100%

0

0.0%

Vacant Total

18,860

HUDSON LAMBERT

JASON VITORINO

469.844.8030 | HLambert@StriveRE.com

469.844.8887 | JVitorino@StriveRE.com


We take a client-centric approach at STRIVE. Working together from one central database, each agent focuses on the investor pool within their assigned territory. Leaving no stone unturned, the  entire  team  of agents combs through all active investors, ultimately matching the ideal buyer and seller. With a team compensation structure, each member in the organization is incentivized and motivated to complete each task at hand. As a result, we execute with speed and efficiency, producing tremendous results for our clientele.


MORE THAN PROPRIETARY DATABASE


MORE THAN NATIONWIDE


• Proprietary database of 150,000+ local properties, investors and agents; growing daily & continuously updated • Full understanding of local properties and the trends that affect them • Ability to translate these trends into market knowledge enabling our clients to make intelligent decisions

• Specialization of product type & geographical area; team segmentation to cover the entire Southwest • Allocation of 100% of our resources to provide expert analysis and greater market efficiencies • Sole focus of investment sales; zero conflict of interest

• Leveraging cutting edge technology to maximize client profits • Dedicated research department to track national and local trends to accurately predict future outcomes

• Shared proprietary database of 150,000+ properties, investors, agents and a team effort linking buyers & sellers • 100% cooperation - 100% of the time • Incentivize the brokerage community by sharing information and splitting fees

• Unique platform provides maximum exposure and brings qualified buyers to the opportunity • Ability to move capital in-and-out of markets and across property types and investor profiles • Ability to source well qualified, 1031-exchange and active buyers

• #1 investment sales team in the Southwest. We close transactions with speed and efficiency • We close more transactions than any other team • Closing Averages: 97.5% of list price, closed in 120 days


By implementing and executing on our incomparable system, we are able to achieve the desired results on behalf of our clients. As a result of our client-centered approach, specialization and unmatched local expertise, unique platform, and our unprecedented marketing process, we have built a long standing history and reputation of consistently executing and achieving optimal results with tremendous speed and efficiency.


SAM HOUSE

WILL MERRITT

ADAM GOTTSCHALK

JENNIFER PIERSON

JASON VITORINO

KYLE ROZELL

JAMES ANDERSON

DANIEL WENZ

ASSOCIATE

SENIOR ASSOCIATE

VICE PRESIDENT

MANAGING PARTNER

MANAGING PARTNER

SENIOR ASSOCIATE

SENIOR ASSOCIATE

ASSOCIATE


STRIVE TEAM MEMBER

60%

OUTSIDE BROKERAGE COMMUNITY

40%


Profile for STRIVE

Heritage Plaza - Lawton, OK  

Heritage Plaza - Lawton, OK