303 SW Sheridan Rd Lawton, OK 73505
For Sale
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This thriving Chinese restaurant in Lawton, Oklahoma, presents a unique investment opportunity. Located at 303 SW Sheridan Rd, this 3,220 square foot, single-story building sits on a 0.77-acre lot in a high-traffic area with excellent main road exposure. Built in 1966 and fully renovated in 2023, the property boasts a fully equipped kitchen and a functional drive-thru, enhancing operational efficiency and revenue potential. The C-5 zoned property has been successfully operating for over two decades, offering a proven track record and established clientele. The sale includes the real estate, fixtures, furniture, and equipment (FFE). The owner is motivated to sell due to personal health reasons and is open to owner financing with a 25% down payment and negotiable terms. This turnkey operation is ready for a new owner to continue its success. The property is a single-tenant building with a modified lease commencing August 20, 2024.
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China Express Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.