Why would optimiser choose Clustered Index + Sort instead of Non-Clustered Index?
If you were to compare the number of reads required in 100,000 lookups with what’s involved in doing a sort, you might quickly get an idea about why the Query Optimizer figures that the CIX+Sort would be the best choice.

The Lookup execution ends up being quicker because the pages being read are in memory (even if you clear the cache, you have a lot of rows per page, so you’re reading the same pages over and over, but with different amounts of fragmentation or different memory pressure from other activity, this might not be the case). It really wouldn’t take all that much to have CIX+Sort go quicker, but what you’re seeing is because the cost of a read doesn’t take into consideration the relative cheapness of hitting the same pages repeatedly.