Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2531 Main St Norman, OK 73069

    Sponsored
    For Sale
    $660,000

    High-Yield NNN Retail Investment

    Property size:
    1,235 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 1,235 square foot Dunkin' storefront located at 2531 W Main St, Norman, OK 73069. The property boasts an absolute NNN lease structure, eliminating all owner responsibilities and providing a truly passive income stream. The current 10-year ground lease, expiring August 31, 2032, includes eight additional five-year renewal options with built-in rent escalations, ensuring consistent growth and long-term financial security. Strategically positioned on West Main Street, this property benefits from high visibility and convenient access, situated near major retailers like Walmart and the I-35 interstate. The asking price is $660,000, representing a compelling return on investment for discerning buyers seeking a low-maintenance, high-performing asset in a thriving Oklahoma market. This Dunkin' location is ideally situated to capitalize on the significant foot traffic generated by its proximity to Walmart and the I-35 corridor, further enhancing its appeal as a stable and profitable investment. The absolute NNN lease structure minimizes operational involvement, making it an attractive option for passive investors seeking a reliable and appreciating asset. The lease's built-in rent escalations provide a hedge against inflation, ensuring consistent growth in rental income over the long term. This property offers a rare opportunity to acquire a well-established, high-performing retail investment in a prime Norman location.

    Property Features for 2531 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,235 SF

    HighLights

    • Absolute NNN Dunkin' investment property in Norman, OK.
    • Zero owner responsibilities; ideal passive income investment.
    • 10‑year ground lease expiring 8/31/2032, with eight 5‑year renewal options and rent escalations.
    • Located on West Main Street near Walmart and I‑35.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dunkin Coffee Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4806147
    Latitude
    35.2185815

    Nearby Similar for Sale

    • $1,950,000
      3,528 SF

      Equestrian Estate with Development Potential

      84-acre equestrian estate suitable for various events and luxury living.
      1523 72Nd Ave NE, Norman, OK 73026
      View Details
    • $359,000
      1,719 SF

      Norman Triplex Near OU

      Turnkey triplex near OU and Downtown Norman with solid income.
      306 E Hughbert St, Norman, OK 73069
      View Details
    • $3,500,000
      8,000 SF

      Norman Land with Sports Facility

      23-acre sports training academy with indoor facility and outdoor fields.
      3535 SE 44Th St, Norman, OK 73072
      View Details
    • $1,390,000
      1,170 SF

      Norman Duplex Near Stadium

      Two-bedroom duplex near stadium with potential for renovation or rebuilding.
      204 E Lindsey St, Norman, OK 73069
      View Details
    • $1,750,000

      21-Unit Apartment Building Near OU

      Newly renovated 21-unit apartment building, perfect for student housing.
      515 Alameda St, Norman, OK 73071
      View Details
    • $789,000
      7,400 SF

      Norman Warehouse with Office Space

      7,400 SF warehouse with office near I-35.
      1831 Industrial Blvd, Norman, OK 73069
      View Details
    • $899,000
      5,904 SF

      Prime Downtown Norman Retail Opportunity

      Two-story commercial building in Norman's vibrant Arts District.
      218 E Main St, Norman, OK 73069
      View Details
    • $1,675,000
      1 SF

      University Proximity Multifamily Investment

      Two properties totaling 12 units near the University of Oklahoma.
      537 E Elm Ave, Norman, OK 73069
      View Details
    • $450,000
      4,470 SF

      Norman Commercial Property For Sale

      Three-building commercial property totaling 4,470 SF in Norman, OK.
      3145 SE 44Th St, Norman, OK 73072
      View Details
    • $5,895,000
      83,073 SF

      Value-Add Retail Opportunity

      Retail property with significant value-add potential in Norman, Oklahoma.
      2211 West Main St, Norman, OK 73069
      View Details
    • $275,000
      835 SF

      Updated Condo Near OU Campus

      Move-in ready condo with high-end upgrades near OU campus.
      401 E Boyd St, Norman, OK 73069
      View Details
    • $134,900

      Norman Condominium Near Golf Club

      Condominium with community amenities near Jimmy Austin OU Golf Club.
      803 Cardinal Creek Blvd, Norman, OK 73072
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-Yield NNN Retail Investment
    Where is this individual retail property located?
    The property is located at 2531 Main St Norman, OK.
    What is the asking price?
    The asking price for this property is $660,000.
    What are key features of this property?
    This property features: Absolute NNN Dunkin' investment property in Norman, OK.; Zero owner responsibilities; ideal passive income investment.; 10-year ground lease expiring 8/31/2032, with eight 5-year renewal options and rent escalations.
    Request Owner's contact information
    2531 Main St Norman, OK 73069
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2531 Main St
    Norman, OK 73069
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2531 Main St Norman, OK 73069
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.