Ballers Bar &
New
For Sale
$1,995,000
2037 S Meridian Ave, Oklahoma City, OK 73108
The operating restaurant business can be acquired alongside the real estate or separately.
Property Size7,210 SF
Days on Market1
Property Features for 2037 S Meridian Ave
General Information
Standard status
Active
Size
7,210 SF
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Building Size
7,210 SF
Year Built
1985
Listing Agency:
Creek Price Edwards
Listed By:
Ethan Slavin · License #134185
(405) 830-0252
Source:
Tcnworldwide
Added: Oct 7
Last Checked: Oct 7 at 2:54PM
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 Creek Price Edwards
Investment Insights
Based on property information with market context.
This bar and grill at 2037 S Meridian Ave in Oklahoma City was built in 1985. The real estate and operating business are owned by the same owner, and may be purchased together or separately. The restaurant occupies a corner site with ample parking.
The property is along the S Meridian corridor, near Will Rogers International Airport and hotel traffic. The sale is structured as NNN, with a lease expiration of 11/1/2029, a personal guarantee, and multiple rent escalations. A pro forma cap rate of 7.8% is stated for November 2026.
The property is along the S Meridian corridor, near Will Rogers International Airport and hotel traffic. The sale is structured as NNN, with a lease expiration of 11/1/2029, a personal guarantee, and multiple rent escalations. A pro forma cap rate of 7.8% is stated for November 2026.
Key Highlights
- Bar and grill real estate and operating business may be acquired together or separately
- Built in 1985
- Corner location on the S Meridian corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,607
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,452,140
$3.5M
Cap Rate 7%
$2,465,814
$2.5M
Cap Rate 9%
$1,917,856
$1.9M
Market Conditions
NOI Build-Up for 7,210 SF
Gross rent
$242.3K $33.60/SF
− Vacancy
−$12.1K −$1.68/SF
EGI
$230.1K $31.92/SF
− OpEx
−$57.5K −$7.98/SF
NOI
$172.6K $23.94/SF
Area
Oklahoma City, OK
Vacancy
5.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,452,140
Cap Rate 7%
$2,465,814
Cap Rate 9%
$1,917,856
Alternative Uses
Best Use
Specialty Retail
$2.47M
$2.16M – $2.88M
NOI $172,607 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
53k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 61%
Dining 34%
Home Improvements & Furnishings 4%
Shops & Services 2%
Chili's Grill & Bar
Dining
10,542 visits/mo
0.2 miles
Embassy Suites By Hilton Oklahoma City Will Rogers Airport
Hotels & Casinos
7,626 visits/mo
0.2 miles
SONIC Drive In
Dining
4,800 visits/mo
0.1 miles
Hampton Inn
Hotels & Casinos
3,562 visits/mo
0.4 miles
Holiday Inn Oklahoma City Airport
Hotels & Casinos
3,216 visits/mo
0.4 miles
Demographics for 73108, OK
14,451
Population
6,221
Households
2.3
Avg Household Size
30
Median Age
4%
College-Educated
56%
High-School Grad
7.6 sq mi
ZIP Area
1,901
Density / Sq Mi
$35,278
Median Household Income
$31,017
Median Earnings
$799
Median Rent
$75,000
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 Oklahoma City, OK
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Similar Off Market Nearby
- Think about Red — E, 2600 S Meridian Ave, Oklahoma City, OK 73108
- Brewskeys Bar and Grill — 2600 S Meridian Ave ste e, Oklahoma City, OK 73108
- COWBOYS OKC — 2301 S Meridian Ave, Oklahoma City, OK 73108
- Ballers Bar and Grill — 2037 S Meridian Ave, Oklahoma City, OK 73108
- San Marcos Mexican Restaurant (S. Meridian) — 1732 S Meridian Ave, Oklahoma City, OK 73108
Frequently Asked Questions
What type of property is this?
Bar & Pub - The operating restaurant business can be acquired alongside the real estate or separately.
Where is this bar & pub located?
The property is located at 2037 S Meridian Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Bar and grill real estate and operating business may be acquired together or separately; Built in 1985; Corner location on the S Meridian corridor
