Built-Out Fast-Casual
For Sale
Contact for pricing
30 NE 2nd Street, Oklahoma City, OK 73104
Restaurant space includes a walk-in cooler and cannot accommodate installation of a vent hood.
Property Size4,800 SF
Days on Market47
Property Features for 30 NE 2nd Street
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Retail
Lease Term
MG
Restaurant
Commercial Hood
No
Liquor License
No
Amenities
Walk-in cooler
Building Details
Building Size
4,800 SF
Year Built
2015
Properties For Sale
at 30 NE 2nd Street
Box 1B
Size
640 SF
Type
Restaurant
Term
36 months
Listing Agency:
The Greyhound Group
Listed By:
Ian Duty-Dean · License #OK #171793
(405) 642-4677
Source:
Greyhound
Added: Sep 5
Changed: Oct 14
Last Checked: Oct 20 at 6:47PM
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 The Greyhound Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Box 1B at OKSEA is a built-out fast-casual restaurant property completed in 2015. The existing configuration includes a walk-in cooler and does not include a vent hood; installation of one is not permitted.
Located at 30 NE 2nd Street in Oklahoma City, the property carries specific use restrictions. Alcohol, smoothies, coffee, and marijuana are not allowed at this location. These limitations should be evaluated alongside the existing restaurant build-out when determining operational fit.
Located at 30 NE 2nd Street in Oklahoma City, the property carries specific use restrictions. Alcohol, smoothies, coffee, and marijuana are not allowed at this location. These limitations should be evaluated alongside the existing restaurant build-out when determining operational fit.
Key Highlights
- Built‑out fast‑casual restaurant configuration
- Walk‑in cooler included
- Vent hood is not installed and cannot be added
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,182
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,640
$583.6K
Cap Rate 7%
$416,886
$416.9K
Cap Rate 9%
$324,244
$324.2K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$43.2K $9.00/SF
− Vacancy
−$1.5K −$0.32/SF
EGI
$41.7K $8.69/SF
− OpEx
−$12.5K −$2.61/SF
NOI
$29.2K $6.08/SF
Area
Oklahoma City, OK
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,640
Cap Rate 7%
$416,886
Cap Rate 9%
$324,244
Alternative Uses
Best Use
Specialty Retail
$1.64M
$1.44M – $1.92M
NOI $114,912 @ 7.0% cap · market cap 7,660.80%
Second Best
Industrial
$416.9K
$364.8K – $486.4K
NOI $29,182 @ 7.0% cap · market cap 1,945.47%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,070
Businesses Nearby
102k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 46%
Dining 45%
Shops & Services 9%
Hideaway Pizza
Dining
13,670 visits/mo
0.5 miles
Sheraton Hotels & Resorts
Hotels & Casinos
9,981 visits/mo
0.4 miles
Chase Bank
Shops & Services
9,559 visits/mo
0.2 miles
Fuzzy's Taco Shop
Dining
8,828 visits/mo
0.5 miles
Texadelphia
Dining
8,774 visits/mo
0.4 miles
Demographics for 73104, OK
3,545
Population
2,405
Households
1.5
Avg Household Size
29
Median Age
75%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
2,216
Density / Sq Mi
$69,886
Median Household Income
$59,023
Median Earnings
$1,536
Median Rent
$341,300
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
Similar Off Market Nearby
- Italian Express — 119 W Main St #101, Oklahoma City, OK 73102
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space includes a walk-in cooler and cannot accommodate installation of a vent hood.
Where is this conventional restaurant located?
The property is located at 30 NE 2nd Street Oklahoma City, OK.
What are key features of this property?
This property features: Built‑out fast‑casual restaurant configuration; Walk‑in cooler included; Vent hood is not installed and cannot be added
