Restaurant with
For Sale
$3,000,000
2160 S I 35 Service Road, Moore, OK 73160
Commercial Sale, Moore, OK
Property Size7,046 SF
Lot Size1.22 Acres
Price / SF$425.77
Days on Market591
Property Features for 2160 S I 35 Service Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Active
APN
2160SI35Service73160
Size
7,046 SF
Lot size
1.22 Acres
Building Details
Year built
2008
Listing Agency:
Whittington Realty
(405) 703-4100
Listed By:
Ricardo Lopez · License #171595
(405) 830-8361
Added: Jan 9, 2025
Changed: Aug 20
Last Checked: Aug 23 at 4:06AM
MLS# 1149997
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial restaurant property contains 7,046 square feet on 1.22 acres and was built in 2008. The site includes 798 square feet of patio area and is zoned Commercial.
Positioned at the southeast corner of 19th Street and I-35, the property has direct I-35 frontage and is located next to The Shops at Moore. The retail center includes Ross, Best Buy, PetSmart, Old Navy, JCPenney, Hobby Lobby, and Five Below. The property address is 2160 S I-35 Service Road in Moore, Oklahoma.
Positioned at the southeast corner of 19th Street and I-35, the property has direct I-35 frontage and is located next to The Shops at Moore. The retail center includes Ross, Best Buy, PetSmart, Old Navy, JCPenney, Hobby Lobby, and Five Below. The property address is 2160 S I-35 Service Road in Moore, Oklahoma.
Key Highlights
- 7,046‑square‑foot restaurant property on 1.22 acres
- 798 sq ft of patio area
- I‑35 frontage at the southeast corner of 19th Street and I‑35
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$119,218
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,384,360
$2.4M
Cap Rate 7%
$1,703,114
$1.7M
Cap Rate 9%
$1,324,644
$1.3M
Market Conditions
NOI Build-Up for 7,046 SF
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.
Gross rent
$169.1K $24.00/SF
− Vacancy
−$10.1K −$1.44/SF
EGI
$159.0K $22.56/SF
− OpEx
−$39.7K −$5.64/SF
NOI
$119.2K $16.92/SF
Area
ZIP 73160
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,384,360
Cap Rate 7%
$1,703,114
Cap Rate 9%
$1,324,644
Alternative Uses
Best Use
Specialty Retail
$1.70M
$1.49M – $1.99M
NOI $119,218 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
741k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Shops & Services 27%
Apparel 20%
Superstores 13%
Sam's Club
Superstores
95,895 visits/mo
0.3 miles
Five Below
Shops & Services
54,542 visits/mo
0.1 miles
Kohl's
Apparel
45,160 visits/mo
0.5 miles
Hobby Lobby
Shops & Services
42,221 visits/mo
0.3 miles
McDonald's
Dining
41,413 visits/mo
0.2 miles
Demographics for 73160, OK
60,511
Population
25,055
Households
2.4
Avg Household Size
33
Median Age
28%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
2,828
Density / Sq Mi
$76,407
Median Household Income
$41,156
Median Earnings
$1,245
Median Rent
$189,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial restaurant with I-35 frontage, patio space, and proximity to The Shops at Moore.
Where is this conventional restaurant located?
The property is located at 2160 S I 35 Service Road Moore, OK.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 7,046‑square‑foot restaurant property on 1.22 acres; 798 sq ft of patio area; I‑35 frontage at the southeast corner of 19th Street and I‑35
