Fully Equipped Conventional
For Sale
$780,000
5425 S Pennsylvania Ave, Oklahoma City, OK 73119
Commercial restaurant property with a complete kitchen, dining furnishings, office areas, storage, and on-site parking.
Property Size3,894 SF
Price / SF$200.31
Days on Market80
Property Features for 5425 S Pennsylvania Ave
General Information
Standard status
Active
Size
3,894 SF
Building Details
Year Built
1978
Listing Agency:
Metro First Realty Group
Listed By:
Blanca Macias
(405) 420-8734
Source:
Kathleenforrest
Added: Jul 29
Changed: Oct 15
Last Checked: Oct 15 at 3:29AM
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 Metro First Realty Group
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Investment Insights
Based on property information with market context.
This conventional restaurant property includes a 3,894-square-foot building on approximately 1.43 acres (MOL). The improvements provide a dining room, office space, storage areas, and a commercial kitchen equipped with a 10-burner range, additional burners, grill/griddle, refrigerators, freezers, sinks, handwashing stations, vent hood, prep counters, shelving, and wash stations. Tables, chairs, dishes, serving pieces, cookware, and other fixtures are included.
The property also offers a driveway and on-site parking, with land available for expanded parking, outdoor seating, tented events, food trucks, or additional structures. Commercial zoning is stated for the site. Built in 1978, the property can support continued restaurant use or conversion to an event center, subject to applicable requirements.
The property also offers a driveway and on-site parking, with land available for expanded parking, outdoor seating, tented events, food trucks, or additional structures. Commercial zoning is stated for the site. Built in 1978, the property can support continued restaurant use or conversion to an event center, subject to applicable requirements.
Key Highlights
- Approximately 1.43 acres (MOL) with driveway and on‑site parking
- 3,894‑square‑foot restaurant building built in 1978
- Commercial kitchen with 10‑burner range, grill/griddle, refrigerators, freezers, and vent hood
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,674
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,480
$473.5K
Cap Rate 7%
$338,200
$338.2K
Cap Rate 9%
$263,044
$263.0K
Market Conditions
NOI Build-Up for 3,894 SF
Gross rent
$35.0K $9.00/SF
− Vacancy
−$1.2K −$0.32/SF
EGI
$33.8K $8.69/SF
− OpEx
−$10.1K −$2.61/SF
NOI
$23.7K $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%
$473,480
Cap Rate 7%
$338,200
Cap Rate 9%
$263,044
Alternative Uses
Best Use
Specialty Retail
$1.33M
$1.17M – $1.55M
NOI $93,222 @ 7.0% cap · market cap 11.95%
Second Best
Industrial
$338.2K
$295.9K – $394.6K
NOI $23,674 @ 7.0% cap · market cap 3.04%
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
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
131k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Dining 43%
Shops & Services 8%
Walmart Neighborhood Market
Groceries
44,856 visits/mo
0.4 miles
McDonald's
Dining
34,662 visits/mo
0.4 miles
Aldi
Groceries
19,539 visits/mo
0.3 miles
Taco Bell
Dining
12,555 visits/mo
0.3 miles
7-Eleven
Shops & Services
10,090 visits/mo
0.4 miles
Demographics for 73119, OK
31,216
Population
12,008
Households
2.6
Avg Household Size
31
Median Age
6%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
4,591
Density / Sq Mi
$42,936
Median Household Income
$29,529
Median Earnings
$923
Median Rent
$93,600
Median Home Value
Check the figures for this property
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 - Commercial restaurant property with a complete kitchen, dining furnishings, office areas, storage, and on-site parking.
Where is this conventional restaurant located?
The property is located at 5425 S Pennsylvania Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Approximately 1.43 acres (MOL) with driveway and on‑site parking; 3,894‑square‑foot restaurant building built in 1978; Commercial kitchen with 10‑burner range, grill/griddle, refrigerators, freezers, and vent hood
