NNN Leased Restaurant in Nichols
For Sale
$595,655
6816 N Western, Oklahoma City, OK 73116
Single tenant restaurant property in Oklahoma City's affluent Nichols Hills.
Property Size2,700 SF
Price / SF$220.61
Days on Market185
Property Features for 6816 N Western
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Retail
Building Details
Year Built
1965
Listing Agency:
Price Edwards and Company - Oklahoma City
(405) 226-5467
Listed By:
Paul Ravencraft · License #OK 078872
(405) 226-5467
Source:
Tcnworldwide
Added: Jan 27
Changed: Jul 6
Last Checked: Jul 30 at 4:08AM
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 Price Edwards and Company - Oklahoma City
Investment Insights
Based on property information with market context.
The property is a single-tenant, NNN leased restaurant located at 6816 N. Western Avenue in Oklahoma City, Oklahoma. Situated in the Nichols Hills submarket, the area is known for its high concentration of income and wealth. The restaurant, Earl's Rib Palace, has been operating at this location for over 10 years, since February 2006. The surrounding area features a variety of retailers, including Panera Bread, West, City Bites, On A Whim, Nichols Hills Veterinary Clinic, and American Eagle Title Insurance. The location benefits from significant traffic flow, with 19,603 cars per day on Western Avenue and 14,325 cars per day on NW 63rd Street. The property is located approximately 1 mile from Interstate 77 and Interstate 44. The building has a size of 2,700 square feet and is suitable for conventional restaurant use.
Key Highlights
- Located in Nichols Hills, Oklahoma City's highest wealth and income concentration.
- Single Tenant - NNN Leased Restaurant.
- High traffic counts:** Western Avenue - 19,603 cpd.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,065
Businesses Nearby
223k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Dining 31%
Shops & Services 10%
Apparel 5%
Trader Joe's
Groceries
61,987 visits/mo
0.2 miles
Whole Foods Market
Groceries
56,598 visits/mo
0.4 miles
Starbucks
Dining
23,790 visits/mo
0.3 miles
Flower Child
Dining
23,409 visits/mo
0.3 miles
7-Eleven
Shops & Services
11,216 visits/mo
0.3 miles
Demographics for 73116, OK
9,531
Population
4,966
Households
1.9
Avg Household Size
43
Median Age
54%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
1,733
Density / Sq Mi
$81,563
Median Household Income
$53,528
Median Earnings
$1,136
Median Rent
$285,200
Median Home Value
Market
Vacancy Rate% for Retail in Oklahoma City, OK
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single tenant restaurant property in Oklahoma City's affluent Nichols Hills.
Where is this conventional restaurant located?
The property is located at 6816 N Western Oklahoma City, OK.
What is the asking price?
The asking price for this property is $595,655.
What are key features of this property?
This property features: Located in Nichols Hills, Oklahoma City's highest wealth and income concentration.; Single Tenant - NNN Leased Restaurant.; High traffic counts:** Western Avenue - 19,603 cpd.
