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Freestanding Restaurant with Drive-Thru

5008 SE 29th St, Oklahoma City, OK

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For Sale

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Freestanding restaurant with drive-thru near Tinker Air Force Base.

Type:RETAIL

Property size:

3,680 SF

Lot size:

0.88 Acres

Price / SF:

$285/SF

HighLights

Located near Tinker Air Force Base, Oklahoma's largest single‑site employer.
Freestanding restaurant with drive‑thru.
Priced below replacement cost.
Proximity to Oklahoma City's CBD (7 miles).
Tinker Air Force Base's significant economic impact ($5.38B annually).
Convenient 13‑minute drive to Oklahoma City's CBD.

We can help!

Listing Contact

Jay Cohlmia

For Sale

Contact for pricing

Freestanding restaurant with drive-thru near Tinker Air Force Base.

Type:RETAIL

Property size:

3,680 SF

Lot size:

0.88 Acres

Price / SF:

$285/SF

Added:: Nov 21, 2025
Days on Market:: 205
Last Refresh:: Apr 5 at 10:32 pm

Property Features for 5008 SE 29th St

General Information

Standard status: Active
Size: 3,680 SF
Lot size: 0.88 Acres
Property subtype: RETAIL

Properties For Sale

at 5008 SE 29th St Contact us

We can help!

Listing Contact

Jay Cohlmia

Listing agent Michael Rapella License #158014

Listing office Newmark Robinson Park | Oklahoma City

Listing date Nov 21, 2025

Source Moodyscre

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 Newmark Robinson Park | Oklahoma City

HighLights

Located near Tinker Air Force Base, Oklahoma's largest single‑site employer.
Freestanding restaurant with drive‑thru.
Priced below replacement cost.
Proximity to Oklahoma City's CBD (7 miles).
Tinker Air Force Base's significant economic impact ($5.38B annually).
Convenient 13‑minute drive to Oklahoma City's CBD.

Overview

This freestanding restaurant property, equipped with a drive-thru, is available for rent. The property is located approximately one-half mile from Tinker Air Force Base, the largest single-site employer in Oklahoma, with 29,605 on-site employees and an annual economic impact of $5.38 billion. The building has a size of 3,680 square feet. The property is situated approximately 7 miles, a 13-minute drive, from Oklahoma City’s central business district.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$123.6k	$33.60
− Vacancy	−$6.2k	−$1.68
EGI	$117.5k	$31.92
− OpEx	−$29.4k	−$7.98
NOI	$88.1k	$23.94

3,680 SF · lease $33.60/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.26M

$1.10M – $1.47M (±1% cap)

NOI $88,099 @ 7.0% cap · market cap 8.39%

Second Best

Retail

$1.04M

$908.0K – $1.21M (±1% cap)

NOI $72,643 @ 7.0% cap · market cap 6.92%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

KFC Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Oklahoma City
County: Cleveland
State: Oklahoma
Longitude: -97.4275
Latitude: 35.4347

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What type of property is this?

Drive through restaurant - Freestanding restaurant with drive-thru near Tinker Air Force Base.

Where is this drive through restaurant located?

The property is located at 5008 SE 29th St Oklahoma City, OK.

What is the asking price?

The asking price for this property is $1,050,000.

What are key features of this property?

This property features: Located near Tinker Air Force Base, Oklahoma's largest single‑site employer.; Freestanding restaurant with drive‑thru.; Priced below replacement cost.

5008 SE 29th St, Oklahoma City, OK

Freestanding restaurant with drive-thru near Tinker Air Force Base.

Property Features for 5008 SE 29th St

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Two-Building Multi-Suite Office Property

Corner Medical Office Suites Portfolio

Versatile Commercial Property, Oklahoma City

Turn-Key Medical Office Opportunity

Renovated Craftsman Office Building

Oklahoma City Commercial Property

Oklahoma City Retail Opportunity

Remodeled Live-Work Office

Office Building with Multiple Suites

Heated Garage with Office Space

Oklahoma City Commercial Building For Sale

Versatile Commercial Office Building

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