Plug-and-Play Bar and
For Sale
Contact for pricing
501 N Mustang Rd, Yukon, OK 73099
Second-generation bar and restaurant with plug-and-play setup and direct proximity to I-40.
Property Size9,121 SF
Lot Size1.25 Acres
Price / SF$120.60
Days on Market52
Property Features for 501 N Mustang Rd
General Information
Standard status
Active
Size
9,121 SF
Total Parking Spaces
60
Lot size
1.25 Acres
Property subtype
Retail
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Year Built
1995
Tenancy
Single
Listing Agency:
Plains Commercial Real Estate
(405) 657-0096
Listed By:
Colby Vanhooser · License #212721
Source:
Crexi
Added: Jun 22
Changed: Aug 8
Last Checked: Aug 12 at 3:53AM
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 Plains Commercial Real Estate
Investment Insights
Based on property information with market context.
This second-generation bar and restaurant offers a ready-to-operate, plug-and-play opportunity. The property includes 9,121 SF of space on 1.25 acres, positioned for guests seeking a full-service bar and dining format.
The building is located in the NWQ of N Mustang Rd & Webster Ave in Yukon, OK. The site’s placement provides direct proximity to I-40, supporting visibility and convenient access for customers traveling through the area.
For buyers looking for an established hospitality concept with an operational head start, this offering combines existing bar and restaurant infrastructure with a straightforward path to opening. Its second-generation setup can help reduce initial buildout work compared to a ground-up approach, while the off-road acreage provides flexibility for the property’s ongoing operations. The combination of restaurant/bar use continuity and interstate-adjacent convenience makes this a practical fit for an owner-operator or buyer seeking a turn-key style acquisition in a retail corridor setting.
The building is located in the NWQ of N Mustang Rd & Webster Ave in Yukon, OK. The site’s placement provides direct proximity to I-40, supporting visibility and convenient access for customers traveling through the area.
For buyers looking for an established hospitality concept with an operational head start, this offering combines existing bar and restaurant infrastructure with a straightforward path to opening. Its second-generation setup can help reduce initial buildout work compared to a ground-up approach, while the off-road acreage provides flexibility for the property’s ongoing operations. The combination of restaurant/bar use continuity and interstate-adjacent convenience makes this a practical fit for an owner-operator or buyer seeking a turn-key style acquisition in a retail corridor setting.
Key Highlights
- 2nd generation bar and restaurant
- 9,121 SF building on 1.25 AC
- Located in the NWQ of N Mustang Rd & Webster Ave, Yukon, OK 73099
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,981
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,179,620
$1.2M
Cap Rate 7%
$842,586
$842.6K
Cap Rate 9%
$655,344
$655.3K
Market Conditions
NOI Build-Up for 9,121 SF
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.
Gross rent
$82.1K $9.00/SF
− Vacancy
−$3.4K −$0.38/SF
EGI
$78.6K $8.62/SF
− OpEx
−$19.7K −$2.16/SF
NOI
$59.0K $6.47/SF
Area
Canadian County, OK
Vacancy
4.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,179,620
Cap Rate 7%
$842,586
Cap Rate 9%
$655,344
Alternative Uses
Best Use
Specialty Retail
$842.6K
$737.3K – $983.0K
NOI $58,981 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,021 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 73%
Shops & Services 25%
Beauty & Spa 2%
Walmart Neighborhood Market
Groceries
40,281 visits/mo
0.3 miles
Dollar Tree
Shops & Services
10,919 visits/mo
0.4 miles
AutoZone
Shops & Services
2,387 visits/mo
0.4 miles
Deka Lash
Beauty & Spa
887 visits/mo
0.5 miles
SecurCare Self Storage
Shops & Services
457 visits/mo
0.5 miles
Demographics for 73099, OK
83,213
Population
32,654
Households
2.5
Avg Household Size
35
Median Age
35%
College-Educated
94%
High-School Grad
124.7 sq mi
ZIP Area
667
Density / Sq Mi
$86,198
Median Household Income
$46,490
Median Earnings
$1,255
Median Rent
$229,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- 40 WEST Bar & Grill — 501 N Mustang Rd, Yukon, OK 73099
- Henry Hudson's Grill — 601 S Mustang Rd, Yukon, OK 73099
Frequently Asked Questions
What type of property is this?
Bar & Pub - Second-generation bar and restaurant with plug-and-play setup and direct proximity to I-40.
Where is this bar & pub located?
The property is located at 501 N Mustang Rd Yukon, OK.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2nd generation bar and restaurant; 9,121 SF building on 1.25 AC; Located in the NWQ of N Mustang Rd & Webster Ave, Yukon, OK 73099
