2122 W Gore Blvd, Lawton, OK 73501
Restaurant with furniture, fixtures, and equipment included in sale.
- Added:
- Nov 29, 2022
- Days on Market:
- 1293
- Last Refresh:
- May 12 at 9:55 pm
Property Features for 2122 W Gore Blvd
General Information
- Standard status
- Active
- Size
- 2,550 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1968
Listing agent Jason Wells License #OK 148638
Listing office Insight Commercial Real Estate Brokerage
Listing date Nov 29, 2022
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Insight Commercial Real Estate Brokerage
HighLights
- Fully equipped restaurant: Ready for immediate operation.
- High‑traffic location: Situated on one of Lawton's busiest thoroughfares.
- Furniture, fixtures, and equipment included: Eliminates initial investment costs.
- Table and booth seating: Accommodates diverse customer preferences.
- Natural light: Plenty of windows create an inviting atmosphere.
- Business purchase option: Opportunity to acquire an existing Soul Food/Barbeque restaurant.
Overview
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 | $54.2k | $21.24 |
| − Vacancy | −$5.6k | −$2.19 |
| EGI | $48.6k | $19.05 |
| − OpEx | −$12.1k | −$4.76 |
| NOI | $36.4k | $14.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.36613
- Latitude
- 34.608797
