Freestanding Restaurant on Net Lease

6320 SW 3rd St, Oklahoma City, OK

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Freestanding restaurant with 7 years remaining on absolute net lease.

Type:RETAIL

Lot size:

0.97 Acres

HighLights

Freestanding restaurant with 7 years remaining on absolute net lease.
Located in a strong store sales location with a healthy rent‑to‑sales ratio.
Below market rent at $20 per SF for a 9,740 SF building built in 2017.
Outparcel to Westgate Marketplace Shopping Center with over 442,000 GLA square footage and 1.2 million visitors yearly, anchored by Walmart, Home Depot, Hobby Lobby, Best Buy, Dick's Sporting Goods, Ross Dress for Less, and Cavender's Boots.
10 percent rent increase in 2026.
Less than 5 miles from Will Rogers International Airport with direct access to Interstate 40 with traffic counts of 90,500 VPD.

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Listing Contact

John Paine

For Sale

Contact for pricing

Freestanding restaurant with 7 years remaining on absolute net lease.

Type:RETAIL

Lot size:

0.97 Acres

Added:: Jun 11, 2025
Days on Market:: 369
Last Refresh:: May 20 at 9:30 pm

Property Features for 6320 SW 3rd St

General Information

Standard status: Active
Lot size: 0.97 Acres
Property subtype: RETAIL

We can help!

Listing Contact

John Paine

Listing agent John Paine License #TX:764689

Listing office Marcus & Millichap | Dallas

Listing date Jun 11, 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 Marcus & Millichap | Dallas

HighLights

Freestanding restaurant with 7 years remaining on absolute net lease.
Located in a strong store sales location with a healthy rent‑to‑sales ratio.
Below market rent at $20 per SF for a 9,740 SF building built in 2017.
Outparcel to Westgate Marketplace Shopping Center with over 442,000 GLA square footage and 1.2 million visitors yearly, anchored by Walmart, Home Depot, Hobby Lobby, Best Buy, Dick's Sporting Goods, Ross Dress for Less, and Cavender's Boots.
10 percent rent increase in 2026.
Less than 5 miles from Will Rogers International Airport with direct access to Interstate 40 with traffic counts of 90,500 VPD.

Overview

This freestanding restaurant property features a 9,740-square-foot building constructed in 2017. The property is subject to an absolute net lease with 7 years remaining. A rent increase of 10 percent is scheduled for 2026. The current rent is below market, at $20 per square foot. The property is an outparcel to Westgate Marketplace Shopping Center, which has over 442,000 square feet of gross leasable area and 1.2 million visitors yearly. Anchor tenants include Walmart (2.9 million annual visits), Home Depot (810,000 annual visits), Hobby Lobby (332,000 annual visits), Best Buy, Dick's Sporting Goods, Ross Dress for Less, and Cavender's Boots. The property is less than 5 miles from Will Rogers International Airport, with direct access to Interstate 40, which has traffic counts of 90,500 vehicles per day. The Oklahoma City location is home to over 1.4 million people, and population growth is expected to outpace the national rate over the next five years. The store sales are strong, with a healthy rent-to-sales ratio.

Property Profile Location Intelligence

Current Use by Public Records

KPOT Korean BBQ ... Restaurant Hook & Reel Cajun ... Restaurant Peter Piper Pizza Arcade & Gaming Center

Suggested Use

Similar Places Nearby

REV Catering — 916 NW 6th St, Oklahoma City, OK 73106
Levy Catering — 100 W Reno Ave, Oklahoma City, OK 73102

Location Insight

Map
Local Demand

City: Oklahoma City
County: Cleveland
State: Oklahoma
Longitude: -97.625
Latitude: 35.4615

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What type of property is this?

Restaurant - Freestanding restaurant with 7 years remaining on absolute net lease.

Where is this restaurant located?

The property is located at 6320 SW 3rd St Oklahoma City, OK.

What is the asking price?

The asking price for this property is $3,296,615.

What are key features of this property?

This property features: Freestanding restaurant with 7 years remaining on absolute net lease.; Located in a strong store sales location with a healthy rent‑to‑sales ratio.; Below market rent at $20 per SF for a 9,740 SF building built in 2017.

6320 SW 3rd St, Oklahoma City, OK

Freestanding restaurant with 7 years remaining on absolute net lease.

Property Features for 6320 SW 3rd St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

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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