Operating Bar/Nightclub on High
For Sale
Contact for pricing
1825 NW Cache Rd, Lawton, OK 73507
Fully operational bar/nightclub on high traffic road for sale.
Property Size4,796 SF
Price / SF$177.23
Days on Market692
Property Features for 1825 NW Cache Rd
General Information
Standard status
Active
Size
4,796 SF
Property subtype
Mixed Use, Special Purpose
Building Details
Year Built
1976
Buildings
1
Stories
1
Listing Agency:
Insight Commercial Real Estate
(580) 353-6100
Listed By:
Melissa Busse · License #OK
Source:
Crexi
Added: Oct 10, 2024
Changed: Aug 21
Last Checked: Aug 31 at 5:12PM
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
Investment Insights
Based on property information with market context.
A fully operational bar/nightclub is available for sale, situated on high-traffic NW Cache Rd. The property encompasses approximately 4,796 square feet. The current operator, with over 30 years of experience in the bar business, is retiring, presenting an opportunity for either self-employment or investment as a landlord. The sale includes all equipment and inventory. Recent upgrades include replacement of all pool table liners. The location is near Wendy's, Wing Stop, Papa John's, Whataburger, Chick-fil-a, and Staples.
Key Highlights
- Fully operational bar/nightclub (±4,796 sf) ready for immediate use.
- Includes all equipment and inventory.
- High traffic location on NW Cache Rd.
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
$68,531
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
8.06%
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%
$1,370,620
$1.4M
Cap Rate 7%
$979,014
$979.0K
Cap Rate 9%
$761,456
$761.5K
Market Conditions
NOI Build-Up for 4,796 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
$101.9K $21.24/SF
− Vacancy
−$10.5K −$2.19/SF
EGI
$91.4K $19.05/SF
− OpEx
−$22.8K −$4.76/SF
NOI
$68.5K $14.29/SF
Area
Comanche County, OK
Vacancy
10.30%
Lease Rate
$21.24 /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%
$1,370,620
Cap Rate 7%
$979,014
Cap Rate 9%
$761,456
Alternative Uses
Best Use
Specialty Retail
$979.0K
$856.6K – $1.14M
NOI $68,531 @ 7.0% cap · market cap 8.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,557 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
172k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 11%
Groceries 11%
Electronics 8%
Whataburger
Dining
21,434 visits/mo
0.4 miles
SONIC Drive In
Dining
19,955 visits/mo
0.3 miles
Aldi
Groceries
18,362 visits/mo
0.4 miles
7 Brew Coffee
Dining
16,247 visits/mo
0.5 miles
Wendy's
Dining
10,985 visits/mo
0.2 miles
Demographics for 73507, OK
21,605
Population
10,504
Households
2.1
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
243.8 sq mi
ZIP Area
89
Density / Sq Mi
$61,092
Median Household Income
$36,244
Median Earnings
$916
Median Rent
$155,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Nice ice baby — 604 NW Sheridan Rd, Lawton, OK 73505
- Lawton Douplcate Bridge Club — 1930 NW Ferris Ave, Lawton, OK 73507
- Sam's Club Cafe — 802 NW Sheridan Rd, Lawton, OK 73505
- Mountain Boomer Tavern — 1320 nw homestead dr suite g, lawton, ok 73505
- Helens Club — 1710 NW Cache Rd, Lawton, OK 73507
Frequently Asked Questions
What type of property is this?
Bar & Pub - Fully operational bar/nightclub on high traffic road for sale.
Where is this bar & pub located?
The property is located at 1825 NW Cache Rd Lawton, OK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully operational bar/nightclub (±4,796 sf) ready for immediate use.; Includes all equipment and inventory.; High traffic location on NW Cache Rd.
