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Property profile & analytics
FOR SALE
Bowling alleys

4405 NW Cache Rd Lawton, OK 73505

32,468 SF 3.03 ac lot Built 1959
Individually Owned 16-yr Hold Free & Clear
Property ID
US69-1265704
Property summary
AI-generated overview

This exceptional investment opportunity presents a 40,374-square-foot retail shopping center ideally situated on Cache Road in Lawton, Oklahoma. Boasting 200 feet of frontage on one of Lawton's busiest streets, this property comprises two buildings totaling 40,374 square feet across three units, currently enjoying 100% occupancy. The center features a mix of tenants, including one national tenant and two long-term tenants, ensuring a stable income stream. The property sits on a 3.03-acre lot and is zoned C-5, offering flexibility for future development or expansion. Individual building sizes are approximately 32,468 square feet and 7,906 square feet. The asking price is $3,392,000, translating to $84.01 per square foot. This is a Net Lease (NNN) investment with a multi-tenant occupancy structure. The property's prime location and strong tenant base make it an attractive investment opportunity for discerning buyers seeking a stable, high-return retail asset. This single-story center presents a rare opportunity to acquire a well-established, high-performing retail property in a thriving market.

Property profile
Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 1959
Total area 32,468 SF
Lot 3.03 ac (131,987 SF)
APN 26834
UPID US69-1265704
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Thunderbird Lanes Bowling Alley
  • Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k
Owner & transaction history
William A Matthey II · 16 yrs held
William A Matthey II
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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