Jack in the Box Drive-Through
New
For Sale
Contact for pricing
615 12th Avenue Northeast, Norman, OK 73071
Ground-leased restaurant property with an established commercial building and branded occupant.
Property Size2,838 SF
Lot Size0.96 Acres
Price / SF$757.58
Days on Market5
Property Features for 615 12th Avenue Northeast
General Information
Standard status
Active
Size
2,838 SF
Lot size
0.96 Acres
Property subtype
Retail
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$138,246
Building Details
Year Built
2010
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Cassandra Mosser · License #AZ SA677563000
Source:
Crexi
Added: Aug 6
Changed: Aug 10
Last Checked: Aug 10 at 5:52AM
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.
This drive-through restaurant property includes approximately 2,838 rentable square feet of building area on an estimated 0.96-acre parcel. The improvements were built in 2010 and are associated with Jack in the Box at 615 12th Avenue Northeast in Norman, Oklahoma.
The property is subject to a 20-year ground lease that began on 5/14/2012. Lease terms include scheduled 8.00% increases every 5 years, providing a defined escalation structure for the ground lease.
The property is subject to a 20-year ground lease that began on 5/14/2012. Lease terms include scheduled 8.00% increases every 5 years, providing a defined escalation structure for the ground lease.
Key Highlights
- Approximately 2,838 rentable square feet of building space
- Estimated .96‑acre parcel
- 20‑year ground lease commenced 5/14/2012
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
168k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Shops & Services 32%
Dining 18%
Beauty & Spa 2%
Walmart
Superstores
79,867 visits/mo
0.1 miles
7-Eleven
Shops & Services
25,160 visits/mo
0.5 miles
Murphy USA
Shops & Services
19,955 visits/mo
0.1 miles
Taco Bell
Dining
11,478 visits/mo
0.3 miles
Burger King
Dining
10,188 visits/mo
0.5 miles
Demographics for 73071, OK
43,379
Population
19,192
Households
2.3
Avg Household Size
31
Median Age
42%
College-Educated
94%
High-School Grad
23.3 sq mi
ZIP Area
1,862
Density / Sq Mi
$59,258
Median Household Income
$32,830
Median Earnings
$1,059
Median Rent
$206,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Ground-leased restaurant property with an established commercial building and branded occupant.
Where is this drive through restaurant located?
The property is located at 615 12th Avenue Northeast Norman, OK.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Approximately 2,838 rentable square feet of building space; Estimated .96‑acre parcel; 20‑year ground lease commenced 5/14/2012
