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    5008 29Th St Oklahoma City, OK 73115

    Sponsored
    For Sale
    $1,050,000

    High-traffic KFC, near Tinker AFB

    Property size:
    3,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This freestanding 3,680 square foot KFC quick-service restaurant is located at 5008 SE 29th St, Oklahoma City, OK 73115. The property sits on a 0.89-acre lot and features a drive-thru. Currently operating under a KFC franchise agreement, the lease expires August 31, 2024. The asking price is $1,050,000, representing a price per square foot of $285.33. This represents a significant opportunity, priced below replacement cost. The property benefits from its proximity to Tinker Air Force Base, the largest single-site employer in Oklahoma, with 29,605 on-site employees and an annual economic impact of $5.38 billion. Its location is also convenient to Oklahoma City's central business district, a mere 7 miles away (approximately a 13-minute drive). This presents a compelling investment opportunity in a high-demand location with strong existing tenant occupancy, although the lease is expiring soon. The property's high visibility and convenient access make it an attractive proposition for future development or continued operation as a quick-service restaurant. Serious inquiries only.

    Property Features for 5008 29Th St

    General Information

    Property type
    Restaurants
    Square Feet
    3,680 SF
    Lot Size
    38,768 SF

    HighLights

    • Freestanding 3,680 SF KFC restaurant on a 0.89‑acre lot with drive‑thru.
    • Located at 5008 SE 29th St, Oklahoma City, OK 73115.
    • Lease expires August 31, 2024; Asking price: $1,050,000 ($285.33/SF).
    • High‑visibility location near Tinker Air Force Base and Oklahoma City's central business district.
    Property Profile Location Intelligence

    Current Use by Public Records

    KFC Chicken Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4275581
    Latitude
    35.4346916

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    FAQs

    What type of property is this?
    Restaurant - High-traffic KFC, near Tinker AFB
    Where is this restaurant located?
    The property is located at 5008 29Th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: Freestanding 3,680 SF KFC restaurant on a 0.89-acre lot with drive-thru.; Located at 5008 SE 29th St, Oklahoma City, OK 73115.; Lease expires August 31, 2024; Asking price: $1,050,000 ($285.33/SF).
    (405) 600-6872
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    5008 29Th St Oklahoma City, OK 73115
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    Oklahoma City, OK 73115
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    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
    5008 29Th St Oklahoma City, OK 73115
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