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Freestanding Restaurant Building
New
For Lease
$13.25 SF/Yr

123 North Interstate Drive, Norman, OK 73069

Existing restaurant configuration with prominent signage, on-site parking, and direct access to I-35 and Main Street.

Space Size10,968 SF
Lot Size2.47 Acres
Days on Market2

Property Features for 123 North Interstate Drive

General Information

Standard status Active
Size 10,968 SF
Net Rentable 10,968 SF
Lot size 2.47 Acres
Property subtype Retail

Space & Availability

Available Space 10,968 SF
Contiguous Space 10,968 SF
Space Use Restaurant

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 10,968 SF
Tenancy Single
Listing Agency: CBRE | Oklahoma City
Listed By: Stuart Graham
Source: Cbre
Added: Sep 20 Last Checked: Sep 20 at 2:13PM

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 CBRE | Oklahoma City

Investment Insights

Based on property information with market context.

This freestanding restaurant property includes a 10,968-square-foot building on a 2.47-acre site. The existing layout is positioned for restaurant operations and may also accommodate entertainment, retail, medical, or redevelopment uses identified in the property information. On-site features include prominent signage and parking.

The property is located at 123 North Interstate Drive in Norman, Oklahoma, with direct access to Interstate 35 and Main Street. Its placement within Norman’s commercial corridor provides exposure to the surrounding retail area and connects the site to two major access routes.

Key Highlights

  • 10,968‑square‑foot freestanding restaurant building
  • 2.47‑acre property with on‑site parking
  • Direct access to I‑35 and Main Street

Property Analytics

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Current Use

Golden Corral Buffet ... Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom HVAC Service Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,160
Businesses Nearby
676k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Superstores 22% Shops & Services 21% Apparel 10%
Walmart Superstores
130,692 visits/mo 0.2 miles
Dillard's Apparel
58,189 visits/mo 0.4 miles
Hobby Lobby Shops & Services
54,032 visits/mo 0.4 miles
Chick-fil-A Dining
51,245 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
39,808 visits/mo 0.4 miles

Demographics for 73069, OK

26,464
Population
12,719
Households
2.1
Avg Household Size
32
Median Age
45%
College-Educated
93%
High-School Grad
15.7 sq mi
ZIP Area
1,686
Density / Sq Mi
$55,699
Median Household Income
$34,151
Median Earnings
$1,031
Median Rent
$212,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant configuration with prominent signage, on-site parking, and direct access to I-35 and Main Street.
Where is this conventional restaurant located?
The property is located at 123 North Interstate Drive Norman, OK.
What is the lease rate?
The lease rate is $13.25 SF/Yr.
What are key features of this property?
This property features: 10,968‑square‑foot freestanding restaurant building; 2.47‑acre property with on‑site parking; Direct access to I‑35 and Main Street
More about this property
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