4243 Expressway Oklahoma City, OK 73116
This exceptional 7,451-square-foot restaurant building presents a unique investment opportunity in Oklahoma City. Situated on a spacious 1.91-acre lot, this single-tenant property boasts a prime location on Northwest Expressway, ensuring high visibility and significant traffic exposure. The building, constructed in 1977, is classified as Class C and features a single story. Its previous use as a Red Lobster restaurant makes it a second-generation restaurant space, offering significant built-in infrastructure and operational advantages for a new tenant. The property is zoned for commercial use and is ideally positioned within Oklahoma County, surrounded by a mix of office buildings and residential areas, guaranteeing a robust customer base. The expansive lot size provides ample parking and potential for future expansion or outdoor seating. This turnkey restaurant space is ready for immediate occupancy and offers a compelling opportunity for a variety of food service concepts. The property's location on a major thoroughfare ensures high visibility and accessibility, making it an attractive option for businesses seeking a strong foothold in a thriving Oklahoma City market. The 1.91 acres offer significant flexibility for future development or expansion. This is a rare opportunity to acquire a well-located, established restaurant building in a desirable area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.