5008 29Th St Oklahoma City, OK 73115
- Turn key restaurants
- 3,680 SF
- 0.89 lot acres
Current Use by Public Records
- KFC / Chicken Restaurant / Fast Food Restaurant
Property Details for 5008 29Th St
- Year built
- 1976
- Construction
- WOOD FRAME
- Lot size
- 0.89 lot acres
- Property size
- 3,680 SF
- Property type
- Turn key restaurants
- APN
- 21-423-1030
- APU
- 214231030
Description
This exceptional investment opportunity presents a 3,680 square foot freestanding quick-service restaurant (QSR) building situated on a 0.89-acre lot in Oklahoma City, Oklahoma County. The property is located at 5008 SE 29th St, zip code 73115, and benefits from a highly desirable location along a heavily trafficked east-west corridor. Currently occupied by a single tenant under a lease expiring August 31, 2024, this property offers a unique chance to acquire a well-positioned asset significantly below replacement cost. The property's strategic proximity to Tinker Air Force Base, the largest single-site employer in Oklahoma, with 29,605 military personnel, civilians, and dependents, ensures a robust and consistent customer base. Tinker Air Force Base contributes a substantial $5.38 billion annually to the local economy. Furthermore, the property enjoys convenient access to downtown Oklahoma City, the 20th largest city in the United States, located just 7 miles and a 13-minute drive away. The building is equipped with a drive-thru, a key feature for maximizing efficiency and customer convenience in the QSR sector. This property is an ideal investment for those seeking a strong return in a stable and high-growth market. Please note that the current tenant is operating and should not be disturbed.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Del City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.4275
- Latitude
- 35.4347
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
