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Restaurant Space with Freeway Visibility
For Lease
$22 SF/Yr

421 West Interstate 240 Service Road, Oklahoma City, OK 73139

Restaurant space with high visibility and ample parking available for lease.

Space SizeContact for details
Lot Size1.25 Acres
Days on Market161

Property Features for 421 West Interstate 240 Service Road

General Information

Standard status Active
Lot size 1.25 Acres
Property subtype Retail
Listing Agency:
Listed By: Stuart Graham
Source: Cbre
Added: Mar 25 Changed: Aug 17 Last Checked: Aug 31 at 1:56PM

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 Stuart Graham

Investment Insights

Based on property information with market context.

Located at 421 W I-240 Service Road, this restaurant space offers freeway visibility and signage opportunities. The property is situated on a 1.25-acre parcel and includes 65 surface parking spaces. The location benefits from a high-traffic corridor, experiencing over 116,000 vehicles daily. The 8,188 square foot building has C-3 zoning and prime frontage on I-240 Service Road with pylon signage. The parking provides 8.37 spaces per 1,000 square feet. The purchase of existing equipment is available.

Key Highlights

  • Premier restaurant space with unbeatable freeway visibility
  • High‑traffic location with over 116,000 vehicles daily
  • Ample parking: 65 spaces

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Electrical Service HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

888
Businesses Nearby
199k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 26% Dining 25% Shops & Services 24% Home Improvements & Furnishings 18%
Academy Sports + Outdoors Apparel
52,000 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
35,763 visits/mo 0.4 miles
7-Eleven Shops & Services
19,769 visits/mo 0.1 miles
IHOP Dining
16,056 visits/mo 0.4 miles
Chili's Grill & Bar Dining
15,585 visits/mo 0.4 miles

Demographics for 73139, OK

18,781
Population
8,790
Households
2.1
Avg Household Size
35
Median Age
15%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
4,268
Density / Sq Mi
$47,424
Median Household Income
$34,557
Median Earnings
$946
Median Rent
$164,100
Median Home Value

Market

Lease Benchmarks for Oklahoma City, OK

$21.5 /SF/Yr
Avg Asking Price
$16.5–$29.5 /SF/Yr
Price Range
4,404 SF
Avg Space Size

This space is priced 2% above the average of $21.5 /SF/Yr.

Vacancy Rate% for Retail in Oklahoma City, OK

9.1% 2019
7.8% 2020
8.4% 2021
8.1% 2022
7.7% 2023
7.4% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with high visibility and ample parking available for lease.
Where is this conventional restaurant located?
The property is located at 421 West Interstate 240 Service Road Oklahoma City, OK.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Premier restaurant space with unbeatable freeway visibility; High‑traffic location with over 116,000 vehicles daily; Ample parking: 65 spaces
More about this property
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