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Investment Highlights

  • SONIC RESTAURANT & VACANT HOOTERS PROPERTY FOR LEASE ON SEPARATE PARCELS: Sonic has operated at this location since 2000 & was recently remodeled 2024
  • ADDITIONAL INCOME FROM BILLBOARD LEASE: Billboard generates additional annual income with just under 5 years remaining on billboard ground lease.
  • FORMER HOOTERS AVAILABLE FOR LEASE UP: built in 2004 with high visibility, pylon sign and large parking lot with easy access
  • SHORT TERM LEASE REMAINING: Sonic has 3 years remaining on an absolute net lease with five, 1-year renewal options and 3% increases in each option
  • ABSOLUTE NET LEASE: No landlord responsibilities. Tenant is responsible for everything including roof and structure. Lease is corporately guaranteed
  • HIGH-TRAFFIC CORRIDOR: Situated on Northwest Expressway near the N May Ave intersection seeing a combined 64,500 vehicles per day

Executive Summary

Absolute Net Lease | Former Hooters Available for Lease | Additional Income From Billboard

Property Facts

Price $6,133,230 CAD
Price / SF $613.08 CAD / SF
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 10,004 SF
Total Land Area 1.81 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3025 Northwest Expy, Oklahoma City, OK 73112 Retail 7,264 SF 2003 -
Sonic
3015 Northwest Expy, Oklahoma City, OK 73112
Retail 2,740 SF 1999 -
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  • Listing ID: 39769120

  • Date on Market: 2026-03-13

  • Last Updated:

  • Address: Vacant Hooters & Sonic Drive-Thru, Oklahoma City, OK

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