For Sale
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Property summary
This exceptional free-standing restaurant, located at 2000 W Reno Street in Broken Arrow, Oklahoma, presents a lucrative investment opportunity. Boasting 6,530 square feet of space, the property sits on a generous 1.588-acre lot and was constructed in 2003. The building's design is well-suited for restaurant operations, and its prime location ensures high visibility and accessibility for customers. A significant advantage is the ample parking available, with 72 spaces provided for patrons' convenience. The asking price for this turnkey restaurant property is $1,600,000. Situated in Tulsa County, Oklahoma, with a zip code of 74012, this property offers a strong foundation for continued success or a fresh start for a new culinary venture. The property's size and features make it ideal for a variety of restaurant concepts, offering significant potential for growth and profitability. The substantial lot size also allows for future expansion or outdoor seating possibilities. This is a rare opportunity to acquire a well-established restaurant property in a thriving location. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering Catering Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
IL Industrial light IL, Industrial light IH Industrial heavy IH, Industrial heavy Special Purpose and Overlay Districts PUD Planned unit development PUD, Planned unit development FD Floodplain FD, Floodplain DROD Downtow…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Broken Arrow market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IL · Broken Arrow, OKIL Industrial light IL, Industrial light IH Industrial heavy IH, Industrial heavy Special Purpose and Overlay Districts PUD Planned unit development PUD, Planned unit development FD Floodplain FD, Floodplain DROD Downtow…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
IL Industrial light IL, Industrial light IH Industrial heavy IH, Industrial heavy Special Purpose and Overlay Districts PUD Planned unit development PUD, Planned unit development FD Floodplain FD, Floodplain DROD Downtow…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IL in Broken Arrow, OK.
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