Turnkey Family Entertainment
6720 Nw Quannah Parker Trl Lawton, OK 73505
6720 Nw Quannah Parker Trl, Lawton, OK, 73505
$2,230,000
For Sale
$2,230,000
Turnkey entertainment facility with a laser tag arena, dining/kitchen, and multiple event rooms, plus on-site parking.
Property Size22,500 SF
Price / SF$99.11
Days on Market183
Property Features for 6720 Nw Quannah Parker Trl
General Information
- Standard status
- Active
- Size
- 22,500 SF
Listing agency
Blackstone Commercial Prop Adv
(580) 678-0980
Listed by
Spencer Brown · License #OK208384
(580) 678-0980
Source
Exprealty
Added: Jan 20 Updated: Jul 22 at 3:48AM Checked: Jul 22 at 3:48AM
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 Blackstone Commercial Prop Adv
Investment Insights
Based on property information with market context.
This turnkey family entertainment facility spans 22,500 SF and is purpose-built for high-traffic recreation use. The existing layout includes a full-scale laser tag arena with custom theming, along with an arcade and attractions area, dining and a commercial kitchen, multiple birthday and event rooms, and open activity spaces designed to support a range of entertainment concepts. All current fixtures, furniture, and equipment are included, providing immediate operational readiness for the next operator.
Located in Lawton, Oklahoma, the property is described as well-maintained with modern construction and infrastructure. The site also offers ample on-site parking intended to support peak volumes, along with strong visibility and convenient access to major city thoroughfares. The remarks further indicate flexible zoning that may support related entertainment, retail, recreation, and specialty uses.
Immediate occupancy is available.
Located in Lawton, Oklahoma, the property is described as well-maintained with modern construction and infrastructure. The site also offers ample on-site parking intended to support peak volumes, along with strong visibility and convenient access to major city thoroughfares. The remarks further indicate flexible zoning that may support related entertainment, retail, recreation, and specialty uses.
Immediate occupancy is available.
Key Highlights
- 22,500 SF purpose‑built entertainment facility in Lawton, OK, currently operating as Laugh Out Loud
- Includes a full‑scale laser tag arena with custom theming
- Existing layout features arcade/attractions area, dining and commercial kitchen, multiple birthday and event rooms, and open activity spaces
Local Financial Insights For Industrial
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 | $175.5k | $7.80 |
| − Vacancy | −$13.2k | −$0.59 |
| EGI | $162.3k | $7.22 |
| − OpEx | −$48.7k | −$2.16 |
| NOI | $113.6k | $5.05 |
22,500 SF · lease $7.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$4.59M
$4.02M – $5.36M
NOI $321,507 @ 7.0% cap · market cap 14.42%
Second Best
Industrial
$1.62M
$1.42M – $1.89M
NOI $113,636 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$5.53M
$4.84M – $6.46M
NOI $387,310 @ 7.0% cap · market cap 17.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
Similar For Sale Nearby
Similar Off Market Nearby
- Gramz Fitness — 6712 NW Cache Rd, Lawton, OK 73505
FAQs
What type of property is this?
Fitness center & gym - Turnkey entertainment facility with a laser tag arena, dining/kitchen, and multiple event rooms, plus on-site parking.
Where is this fitness center & gym located?
The property is located at 6720 Nw Quannah Parker Trl Lawton, OK.
What is the asking price?
The asking price for this property is $2,230,000.
What are key features of this property?
This property features: 22,500 SF purpose‑built entertainment facility in Lawton, OK, currently operating as Laugh Out Loud; Includes a full‑scale laser tag arena with custom theming; Existing layout features arcade/attractions area, dining and commercial kitchen, multiple birthday and event rooms, and open activity spaces
