5008 29Th St Oklahoma City, OK 73115
Property Features for 5008 29Th St
General Information
- Property type
- Restaurants
- Square Feet
- 3,680 SF
- Lot Size
- 38,768 SF
Listing Agency: Newmark Robinson Park Listing Agent: Shaun Corso
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
KFC
Restaurant
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.4275581
- Latitude
- 35.4346916
Nearby Similar for Sale
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).