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Burger King NNN Property
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4525 NW 23rd St, Oklahoma City, OK 73127

Operating restaurant location supported by a long-term lease and scheduled site remodel.

Property SizeContact for details
Days on Market143

Property Features for 4525 NW 23rd St

General Information

Standard status Active
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:00PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The property is a Burger King restaurant at 4525 NW 23rd St in Oklahoma City, Oklahoma. The site has operated under the Burger King name since 1996 and is scheduled for a remodel.

The existing NNN lease has 21.75 years remaining on its original 23-year term, followed by four five-year renewal options. Contractual rent increases are set at 2.00% annually during both the initial term and option periods, with no landlord responsibilities under the lease structure.

Key Highlights

  • 21.75 years remaining on the original 23‑year lease term
  • Four five‑year tenant renewal options follow the initial lease term
  • NNN lease structure carries zero landlord responsibilities

Property Analytics

Current Use

Burger King Restaurant

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Pet Grooming Service Electrical Service

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

Location Intelligence

Trade Area within ½ mile

665
Businesses Nearby
72k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 83% Shops & Services 17%
McDonald's Dining
30,957 visits/mo 0.5 miles
Taco Bell Dining
11,742 visits/mo 0.5 miles
Little Caesars Pizza Dining
8,671 visits/mo 0.5 miles
Wendy's Dining
7,263 visits/mo 0.5 miles
Family Dollar Shops & Services
4,890 visits/mo 0.4 miles

Demographics for 73127, OK

27,007
Population
11,329
Households
2.4
Avg Household Size
32
Median Age
16%
College-Educated
76%
High-School Grad
11.3 sq mi
ZIP Area
2,390
Density / Sq Mi
$46,020
Median Household Income
$28,766
Median Earnings
$926
Median Rent
$139,200
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
NNN property - Operating restaurant location supported by a long-term lease and scheduled site remodel.
Where is this nnn property located?
The property is located at 4525 NW 23rd St Oklahoma City, OK.
What are key features of this property?
This property features: 21.75 years remaining on the original 23‑year lease term; Four five‑year tenant renewal options follow the initial lease term; NNN lease structure carries zero landlord responsibilities
(332) 345-4222 Call to check price and availability
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