Fully Equipped
For Sale
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2610 W MEMORIAL RD, Oklahoma City, OK 73114
Turnkey restaurant with a fully equipped, recently remodeled kitchen and strong daily vehicle traffic exposure.
Property Size5,442 SF
Price / SF$413.45
Days on Market138
Property Features for 2610 W MEMORIAL RD
General Information
Standard status
Active
Size
5,442 SF
Class
B
Total Parking Spaces
87
Property subtype
Retail
Zoning
Commercial
Lease Type
NNN
Additional Details
Business Included
Yes
Traffic Count
60,000 vehicles/day
Building Details
Year Built
2005
Year Renovated
2022
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Banta Property Group
Listed By:
Monica Feierabend · License #208106
(918) 327-9182
Source:
Crexi
Added: Jun 6
Changed: Oct 9
Last Checked: Oct 20 at 5:21PM
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 Banta Property Group
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Investment Insights
Based on property information with market context.
This fully equipped restaurant offers 5,442 SF of operating space and is supported by a commercial kitchen with top-of-the-line appliances and fixtures. The property was recently remodeled in 2022 and is presented with a fresh, modern feel intended to support efficient day-to-day service. It is being offered as a turnkey opportunity for an operator looking to open or expand with existing kitchen infrastructure already in place.
The restaurant is located on W Memorial Rd in Oklahoma City, in a retail and restaurant corridor. Public remarks describe the site as a high-traffic location with over 60,000 vehicles per day (VPD), which can support visibility and drive-by accessibility for both local and passing customers.
For buyers or tenants seeking a ready-to-run food service concept, the combination of a fully equipped kitchen and recent remodeling can reduce the time and planning typically required to bring an operating space online. The straightforward, restaurant-focused configuration should also appeal to operators looking for a functional setup designed around commercial food preparation and guest service in a corridor setting with ongoing vehicle traffic.
The restaurant is located on W Memorial Rd in Oklahoma City, in a retail and restaurant corridor. Public remarks describe the site as a high-traffic location with over 60,000 vehicles per day (VPD), which can support visibility and drive-by accessibility for both local and passing customers.
For buyers or tenants seeking a ready-to-run food service concept, the combination of a fully equipped kitchen and recent remodeling can reduce the time and planning typically required to bring an operating space online. The straightforward, restaurant-focused configuration should also appeal to operators looking for a functional setup designed around commercial food preparation and guest service in a corridor setting with ongoing vehicle traffic.
Key Highlights
- Fully equipped restaurant with a complete kitchen setup for day‑one operations
- Recently remodeled in 2022, updating the restaurant interior
- 5,442 SF restaurant space built in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,281
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,605,620
$2.6M
Cap Rate 7%
$1,861,157
$1.9M
Cap Rate 9%
$1,447,567
$1.4M
Market Conditions
NOI Build-Up for 5,442 SF
Gross rent
$182.9K $33.60/SF
− Vacancy
−$9.1K −$1.68/SF
EGI
$173.7K $31.92/SF
− OpEx
−$43.4K −$7.98/SF
NOI
$130.3K $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%
$2,605,620
Cap Rate 7%
$1,861,157
Cap Rate 9%
$1,447,567
Alternative Uses
Best Use
Specialty Retail
$1.86M
$1.63M – $2.17M
NOI $130,281 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
60,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
384k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Apparel 23%
Shops & Services 14%
Home Improvements & Furnishings 13%
Lowe's
Home Improvements & Furnishings
40,118 visits/mo
0.3 miles
JCPenney
Apparel
39,365 visits/mo
0.3 miles
Dillard's
Apparel
38,938 visits/mo
0.5 miles
Barnes & Noble
Shops & Services
37,181 visits/mo
0.4 miles
Olive Garden
Dining
26,566 visits/mo
0.2 miles
Demographics for 73114, OK
18,694
Population
9,311
Households
2
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
9.5 sq mi
ZIP Area
1,968
Density / Sq Mi
$52,592
Median Household Income
$35,931
Median Earnings
$1,135
Median Rent
$134,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant with a fully equipped, recently remodeled kitchen and strong daily vehicle traffic exposure.
Where is this conventional restaurant located?
The property is located at 2610 W MEMORIAL RD Oklahoma City, OK.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Fully equipped restaurant with a complete kitchen setup for day‑one operations; Recently remodeled in 2022, updating the restaurant interior; 5,442 SF restaurant space built in 2005
