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Vacant Hooters & Sonic Drive-Thru 2 Retail Properties Offered at $6,133,230 CAD in Oklahoma City, OK



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 | Number of Properties | 2 |
| Price / SF | $613.08 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment NNN | Total Building Size | 10,004 SF |
| Status | Active | Total Land Area | 1.81 AC |
| 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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Vacant Hooters & Sonic Drive-Thru
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