Fully Equipped Restaurant For
2122 W Gore Blvd Lawton, OK 73501
For Sale
Contact for pricing
Restaurant building includes table and booth seating and comes with furniture, fixtures, and equipment.
Property Size2,550 SF
Price / SF$166.67
Days on Market847
Property Features for 2122 W Gore Blvd
General Information
Standard status
Active
Size
2,550 SF
Property subtype
RETAIL
Listing Agency:
Insight Commercial Real Estate Brokerage, LLC
(580) 353-6100
Listed By:
Jason A. Wells · License #148638
(580) 353-6100
Source:
Moodyscre
Added: Apr 4, 2024
Changed: Jul 28
Last Checked: Jul 28 at 9:10AM
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
Investment Insights
Based on property information with market context.
This fully equipped restaurant for sale includes furniture, fixtures, and equipment with the building. The space features both table and booth seating, with plenty of windows to provide natural light. The current concept is described as a Soul Food/Barbeque restaurant, and the purchase option may include the business as well, subject to negotiation.
The property is located on one of Lawton’s busiest thoroughfares. Nearby businesses include Dollar General, New York Fashions, and IBC Bank.
The sale offers an ownership path for a ready-to-operate restaurant, with interior furnishings and equipment included as part of the offering.
The property is located on one of Lawton’s busiest thoroughfares. Nearby businesses include Dollar General, New York Fashions, and IBC Bank.
The sale offers an ownership path for a ready-to-operate restaurant, with interior furnishings and equipment included as part of the offering.
Key Highlights
- Fully equipped restaurant for sale on one of Lawton’s busiest thoroughfares
- Restaurant includes table and booth seating and plenty of windows for natural light
- All furniture, fixtures, and equipment are included with the sale
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
NOI $36,437 @ 7.0% cap · market cap 8.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$627.1K
$548.7K – $731.6K
NOI $43,895 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building includes table and booth seating and comes with furniture, fixtures, and equipment.
Where is this conventional 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 for sale on one of Lawton’s busiest thoroughfares; Restaurant includes table and booth seating and plenty of windows for natural light; All furniture, fixtures, and equipment are included with the sale
