Operating Bar/Nightclub on High
1825 NW Cache Rd, Lawton, OK 73507
Fully operational bar/nightclub on high traffic road for sale.
Type:Mixed Use, Special Purpose
Property size:
4,796 SFPrice / SF:
$177/SF- Added:
- Oct 10, 2024
- Days on Market:
- 601
- Last Refresh:
- May 12 at 10:53 pm
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
Listing agent Melissa Busse License #OK
Listing office Insight Commercial Real Estate
Listing date Oct 10, 2024
Source Crexi
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
HighLights
- Fully operational bar/nightclub (±4,796 sf) ready for immediate use.
- Includes all equipment and inventory.
- High traffic location on NW Cache Rd.
- Opportunity for self‑employment or investment property (lease to operator).
- Established business with a 30+ year history of successful operation.
- Pool table liners have been replaced.
Overview
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.
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 | $101.9k | $21.24 |
| − Vacancy | −$10.5k | −$2.19 |
| EGI | $91.4k | $19.05 |
| − OpEx | −$22.8k | −$4.76 |
| NOI | $68.5k | $14.29 |
4,796 SF · lease $21.24/SF/yr · vacancy 10.30% · expense 25.00%
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 local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
CREEK SIDE
Bar & Pub
Aces & Eights, LLC
Bar & Pub
Similar Places Nearby
- Helens Club — 1710 NW Cache Rd, Lawton, OK 73507
- Harlows — 601 NW 2nd St, Lawton, OK 73507
- Little Star — 1116 NW Cache Rd, Lawton, OK 73507
- CREEK SIDE — 1825 NW Cache Rd, Lawton, OK 73507
- Mayhem Studio & Lounge — 1408 NW 15th St, Lawton, OK 73507
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.418003
- Latitude
- 34.623697
Nearby Similar for Sale
FAQs
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.
