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    Restaurant on High-Traffic Thoroughfare Title is generated by Realmo AI

    2122 W Gore Blvd, Lawton, OK

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    Fully equipped restaurant for sale on Lawton's busiest street.

    Type:RETAIL
    Property size:
    2,550 SF
    Lot size:
    0.42 Acres
    Price / SF:
    $166/SF
    Added:
    Apr 4, 2024
    Days on Market:
    796
    Last Refresh:
    May 20 at 8:38 pm

    Property Features for 2122 W Gore Blvd

    General Information

    Standard status
    Active
    Size
    2,550 SF
    Lot size
    0.42 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Jason A. Wells
    Jason A. Wells

    Listing agent Jason A. Wells License #148638

    Listing office Insight Commercial Real Estate Brokerage, LLC

    Listing date Apr 4, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Insight Commercial Real Estate Brokerage, LLC

    HighLights

    • Fully equipped restaurant ready for immediate operation
    • Includes all furniture, fixtures, and equipment
    • Located on a high‑traffic thoroughfare
    • Business purchase is negotiable
    • Offers both table and booth seating
    • Features ample natural light

    Overview

    This is a fully equipped restaurant for sale located on one of Lawton's busiest thoroughfares. The 2,550 square foot property is currently configured as a Soul Food/Barbeque restaurant. The building features both table and booth seating, and includes ample windows providing natural light. All furniture, fixtures, and equipment are included in the sale of the building. Purchasing the business is also an option for a negotiable price. Nearby businesses include Dollar General, New York Fashions, and IBC Bank.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $54.2k $21.24
    − Vacancy −$5.6k −$2.19
    EGI $48.6k $19.05
    − OpEx −$12.1k −$4.76
    NOI $36.4k $14.29
    2,550 SF · lease $21.24/SF/yr · vacancy 10.30% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $520.5K
    $455.5K – $607.3K (±1% cap)
    NOI $36,437 @ 7.0% cap · market cap 8.57%
    Second Best
    Retail
    $485.8K
    $425.1K – $566.8K (±1% cap)
    NOI $34,008 @ 7.0% cap · market cap 8.00%
    Theoretical Best
    Office A
    $627.1K
    $548.7K – $731.6K (±1% cap)
    NOI $43,895 @ 7.0% cap · market cap 10.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sam's Soul Food ... Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.3661
    Latitude
    34.6088

    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant for sale on Lawton's busiest street.
    Where is this restaurant located?
    The property is located at 2122 W Gore Blvd Lawton, OK.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Fully equipped restaurant ready for immediate operation; Includes all furniture, fixtures, and equipment; Located on a high‑traffic thoroughfare
    (580) 353-6100 Call to check price and availability
    More about this property
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