Restaurant Building with
For Sale
$400,000
813 W Kenosha Street, Broken Arrow, OK 74012
The 1964 building is positioned along W. Kenosha Street in Broken Arrow.
Property Size1,480 SF
Price / SF$270.27
Days on Market39
Property Features for 813 W Kenosha Street
General Information
Standard status
Active
Size
1,480 SF
Property subtype
Business
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Road Access
Yes
Land Use
commercial, restaurant
Building Details
Year Built
1964
Listing Agency:
Solid Rock, REALTORS
(918) 258-7625
Listed By:
Debbie Daniels · License #160710
(918) 230-8665
Source:
Spiritrealtygroup
Added: Sep 29
Changed: Nov 5
Last Checked: Nov 5 at 9:28AM
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 Solid Rock, REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant property includes a 1,480-square-foot building and the land beneath it. The structure dates to 1964 and is currently occupied by Kofu Sushi; the business is not part of the sale. Restaurant and fast-food use is specified for the site.
Located at 813 W. Kenosha Street in Broken Arrow, the property has frontage along W. Kenosha. The offering consists of the building and land only.
Located at 813 W. Kenosha Street in Broken Arrow, the property has frontage along W. Kenosha. The offering consists of the building and land only.
Key Highlights
- 1,480‑square‑foot restaurant building
- Built in 1964
- Frontage along W. Kenosha Street in Broken Arrow
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,476
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,520
$329.5K
Cap Rate 7%
$235,371
$235.4K
Cap Rate 9%
$183,067
$183.1K
Market Conditions
NOI Build-Up for 1,480 SF
Gross rent
$23.6K $15.96/SF
− Vacancy
−$1.7K −$1.12/SF
EGI
$22.0K $14.84/SF
− OpEx
−$5.5K −$3.71/SF
NOI
$16.5K $11.13/SF
Area
Broken Arrow, OK
Vacancy
7.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,520
Cap Rate 7%
$235,371
Cap Rate 9%
$183,067
Alternative Uses
Best Use
Specialty Retail
$235.4K
$206.0K – $274.6K
NOI $16,476 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$346.2K
$302.9K – $403.9K
NOI $24,233 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74012, OK
63,918
Population
26,069
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
94%
High-School Grad
24.8 sq mi
ZIP Area
2,577
Density / Sq Mi
$80,079
Median Household Income
$44,321
Median Earnings
$1,211
Median Rent
$223,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Conventional restaurants in Tulsa County, OK
Properties on Market for Conventional restaurants in Tulsa County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The 1964 building is positioned along W. Kenosha Street in Broken Arrow.
Where is this conventional restaurant located?
The property is located at 813 W Kenosha Street Broken Arrow, OK.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,480‑square‑foot restaurant building; Built in 1964; Frontage along W. Kenosha Street in Broken Arrow
