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Property profile & analytics
FOR LEASE
Turn key restaurants

2400 N Pennsylvania Ave Oklahoma City, OK 73107

833 SF 0.71 ac lot Built 1996
Individually Owned 1-yr Hold Free & Clear
Property ID
US69-0723111
Property summary
AI-generated overview

This ±780 square foot Salad and Go restaurant in Oklahoma City, OK, presents a compelling investment opportunity. Located on ±0.71 acres at the hard corner of a signalized intersection of NW 23rd Street and N Pennsylvania Avenue, the property boasts excellent visibility and accessibility, with over 39,000 vehicles passing daily. The 20-year absolute NNN lease, commencing upon closing, includes three 5-year options, each with a 10% rental increase. This provides significant long-term stability and predictable cash flow. The tenant, Salad and Go, is backed by a corporate guarantee from And Go Concepts, LLC, mitigating risk. The property benefits from a strong demographic profile, with over 99,000 people and average household incomes exceeding $92,000 within a three-mile radius. Situated less than three miles from downtown Oklahoma City, the property is part of a thriving retail corridor, anchored by national brands such as Walmart, VASA Fitness, and others. The asking price is $2,160,000, representing a 6.25% cap rate and a net operating income (NOI) of $135,000. Built in 2022, this property offers a rare opportunity to acquire a high-performing asset in a rapidly growing market within the Oklahoma City MSA, the largest metropolitan area in Oklahoma, with a diverse economy and strong talent pipeline. The property's location within a dense population area with high household incomes, coupled with the long-term lease and corporate guarantee, makes this an attractive investment for those seeking secure, high-yield returns. This is a turnkey investment with minimal management requirements.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Construction WOOD FRAME
Total area 833 SF
Lot 0.71 ac (31,058 SF)
APN 05-235-8650
UPID US69-0723111
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Salad and Go Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.62M
Owner & transaction history
Allen Kushynski · 1 yrs held
Allen Kushynski
since 2025
Last sale
$1.8M
2 recorded transactions
2025
$1.8M
2022
$2.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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