Freestanding Restaurant with Ample
2000 W Reno St Broken Arrow, OK
For Sale
Contact for pricing
Freestanding restaurant with 72 parking spots available for sale.
Property Size6,530 SF
Lot Size1.59 Acres
Price / SF$199.08
Days on Market288
Property Features for 2000 W Reno St
General Information
Standard status
Active
Size
6,530 SF
Lot size
1.59 Acres
Property subtype
RETAIL
Listing Agency:
Legacy Commercial Property Advisors
(918) 688-0746
Listed By:
Jordan Helmerich · License #184596
(918) 688-0746
Source:
Moodyscre
Added: Oct 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:13AM
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 Legacy Commercial Property Advisors
Investment Insights
Based on property information with market context.
This freestanding restaurant property features 6,530 square feet of space and includes 72 parking spots. The property is located on Apen (145th E Ave) around the 6500 block on the east side of the road. The location benefits from a traffic count of 28,806.
Key Highlights
- Free standing restaurant.
- Ample parking with 72 parking spots.
- High traffic count of 28,806.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.2k | $15.96 |
| − Vacancy | −$7.3k | −$1.12 |
| EGI | $96.9k | $14.84 |
| − OpEx | −$24.2k | −$3.71 |
| NOI | $72.7k | $11.13 |
6,530 SF · lease $15.96/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.04M
$908.7K – $1.21M
NOI $72,693 @ 7.0% cap · market cap 5.59%
Second Best
Retail
$953.6K
$834.4K – $1.11M
NOI $66,752 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,921 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Firehouse Subs Broken Arrow — 1124 N 9th St, Broken Arrow, OK 74012
Frequently Asked Questions
What type of property is this?
Restaurant - Freestanding restaurant with 72 parking spots available for sale.
Where is this restaurant located?
The property is located at 2000 W Reno St Broken Arrow, OK.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Free standing restaurant.; Ample parking with **72 parking spots**.; **High traffic count of 28,806**.
