1107 NW 32nd St 2,055 SF Retail Building Newcastle, OK 73065 $1,335,467 CAD ($649.86 CAD/SF)

Turn-key, free-standing restaurant with drive-thru located in the high-growth Tri City corridor of Newcastle, OK. The property consists of 2,055 SF on 1.14 acres with 35 parking spaces, four ingress/egress points, and excellent visibility along NW 32nd St (Hwy 37), which carries 22,000+ vehicles per day. Built in 2017 and renovated in 2020, the building offers modern construction, a full commercial kitchen, bar seating, two ADA restrooms, a 10' x 8' cooler, and a complete front-of-house dining area with seating for 40+.
The site sits directly along the future turnpike extension connecting Newcastle to Norman, significantly enhancing long-term traffic flow and regional connectivity. As stated in the brochure, “Highway 37 will intersect the new turnpike at I-44 (currently under construction), connecting Newcastle to Norman in the near future.” The City of Newcastle also plans to extend NW 32nd St south and add a new stoplight at the property’s frontage, further improving access and visibility.
Surrounded by established national retailers—including AutoZone, Sonic, O’Reilly Auto Parts, Dollar Tree, AT&T, and Arbys—the property benefits from a strong commercial trade area with continued expansion. Newcastle is experiencing rapid residential and commercial growth, supported by major upcoming developments such as a new Chickasaw Hospital, a new vocational school, and a proposed big-box commercial development along I-44.
Demographics are strong, with a 5-mile population of 31,155 and a median household income of $104,881. The 10-mile radius reaches nearly 300,000 residents, providing a deep customer base for any food-service or retail operator.
This offering is ideal for an owner-operator, franchisee, or investor seeking a modern, fully equipped restaurant facility in a booming submarket with significant future upside. Fee simple ownership.