Burger King Drive-Through
135 NE 23rd Street, Oklahoma City, OK 73105
For Sale
Contact for pricing
The property is subject to an Absolute NNN lease with 16 years remaining and annual rent increases of 2%.
Property SizeContact for details
Lot Size0.92 Acres
Days on Market12
Property Features for 135 NE 23rd Street
General Information
Standard status
Lot size
Property subtype
Site & Location
Traffic Count
Highway Access
Road Access
Additional Details
Tenant in Place
Listing Agency:
Commercial Investment Advisors (CIA) Scottsdale
Listed By:
Justin Zahn · License #SA545840000
(214) 643-6097
Source:
Crexi
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 5:03PM
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 Commercial Investment Advisors (CIA) Scottsdale
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Investment Insights
Based on property information with market context.
This Burger King restaurant occupies approximately 0.9246 acres at 135 NE 23rd Street. The property is leased under an Absolute NNN agreement, with 16 years left on the initial 23-year term and annual rent escalations of 2%. Switchgrass Holdings, LLC guarantees the lease and operates approximately 46 Burger King locations in Oklahoma.
The site fronts NE 23rd Street, where traffic is reported at 17,029 vehicles per day. I-235 is less than one-quarter mile away and carries 103,819 vehicles per day. The Oklahoma State Capitol is adjacent to the property, OU Health University of Oklahoma Medical Center is a six-minute drive away, and downtown Oklahoma City is one mile to the south.
The site fronts NE 23rd Street, where traffic is reported at 17,029 vehicles per day. I-235 is less than one-quarter mile away and carries 103,819 vehicles per day. The Oklahoma State Capitol is adjacent to the property, OU Health University of Oklahoma Medical Center is a six-minute drive away, and downtown Oklahoma City is one mile to the south.
Key Highlights
- Absolute NNN lease with 16 years remaining on the initial 23‑year term
- Annual rent escalations of 2%
- Approximately 0.9246‑acre site at 135 NE 23rd Street
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
17,029 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
100k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 90%
Shops & Services 10%
McDonald's
Dining
30,223 visits/mo
0.3 miles
Starbucks
Dining
14,200 visits/mo
0.3 miles
Taco Bell
Dining
13,868 visits/mo
0.4 miles
SONIC Drive In
Dining
13,172 visits/mo
0.1 miles
OnCue Express
Shops & Services
10,458 visits/mo
0.1 miles
Demographics for 73105, OK
5,835
Population
3,416
Households
1.7
Avg Household Size
35
Median Age
39%
College-Educated
94%
High-School Grad
4.5 sq mi
ZIP Area
1,297
Density / Sq Mi
$48,314
Median Household Income
$32,614
Median Earnings
$1,091
Median Rent
$162,800
Median Home Value
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Market
Vacancy Rate% for Retail in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Drive through restaurant - The property is subject to an Absolute NNN lease with 16 years remaining and annual rent increases of 2%.
Where is this drive through restaurant located?
The property is located at 135 NE 23rd Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $2,270,000.
What are key features of this property?
This property features: Absolute NNN lease with 16 years remaining on the initial 23‑year term; Annual rent escalations of 2%; Approximately 0.9246‑acre site at 135 NE 23rd Street
