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1501 S Sooner Rd
Oklahoma City, OK 73110
Golden Corral · Retail Property For Sale

Investment Highlights

  • Long-Term, 15-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years
  • Strong Demographics | Population Exceeds 73,000 Individuals Within a Three-Mile Radius and 138,000 in a Five-Mile Radius
  • Five Percent (5.00%) Rental Increases Occurring Every Five (5) Years
  • Dense Retail Corridor | Walmart Supercenter, Target, Walgreens, Burlington, Hobby Lobby, The Home Depot, Party City, Subway, Carl’s Jr. and Many Mor

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
10,387 SF
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.59 AC

About 1501 S SOONER RD , OKLAHOMA CITY, OK 73110

The subject property is a brand-new Golden Corral build, situated on South Sooner Road, across the street from a Walmart Supercenter and opposite a Hobby Lobby, a Home Depot as well as several new retail developments. South Sooner Road boasts an average daily traffic count of 17,000 vehicles and intersects with Interstate-40, which brings an additional 56,000 vehicles into the immediate area on average daily. There are more than 73,000 individuals residing within a three-mile radius of the property and more than 138,000 individuals within a five-mile radius. The subject property benefits from being well-positioned in a very dense retail corridor consisting of national and local tenants, academic institutions, hospitality accommodation and shopping centers all within close proximity of this property. Major national tenants in the area include: Walmart Supercenter, Target, Academy Sports, Burlington, Hobby Lobby, The Home Depot, Party City, Subway, Carl’s Jr. as well as many more. There are also several new retail developments in the immediate area, including a Feast market as well as the newly constructed Warren Theatre, an expansive luxury 10-plex entertainment facility with 4 auditoriums. The subject Golden Corral benefits from a prominent academic presence, being located within a one-mile radius of Rose State College which has a total enrollment exceeding 8,200 students. There are nine hospitality accommodations within a two-mile radius of this Golden Corral, these include: Holiday Inn, Marriot, Super 8, La Quinta, Hawthorn By Wyndham, Hampton Inn along with many more. The subject property also benefits from immediate medical access. Integris Community Hospital, a state-of-the-art medical facility, is within a one-mile radius of the site along with several other medical tenants. This Golden Corral also profits from only being within a five-mile radius of downtown Oklahoma City. Oklahoma City, the capital and largest city in the state, is a major center for the oil industry and related manufacturing. In recent years, ‘OKC’, as it’s locally known, has gone through a renaissance particularly in its downtown area, funded in part by a well-supported tax system. Downtown is a clean and modern area with incredibly attractive parks and a nicely restored ‘Bricktown’ historic residential and entertainment district with a canal and promenade. A new art museum, library and performing arts center, and new sports facilities dot the area.

  • Listing ID: 19219235

  • Date on Market: 4/14/2020

  • Last Updated:

  • Address: 1501 S Sooner Rd, Oklahoma City, OK 73110

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