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721 S Meridian Ave
Oklahoma City, OK 73108
Retail Property For Sale


Investment Highlights
- Freestanding second-generation restaurant with existing drive-thru infrastructure.
- Prominent monument sign enhances property visibility.
- Ample on-site parking supports customer and employee access.
- Positioned near Interstate 40 along a primary airport access corridor.
- Large two-sided billboard includes existing lease income potential.
Executive Summary
721 South Meridian Avenue presents an opportunity to acquire a freestanding second-generation quick service restaurant positioned along South Meridian Avenue at the Interstate 40 interchange in Oklahoma City. The property benefits from visibility along one of the primary commercial corridors serving travelers, airport-related businesses, hospitality users, and surrounding commercial activity. Its location along the route to and from Will Rogers International Airport provides convenient regional access and exposure to consistent vehicle traffic.
The existing restaurant configuration includes a drive-thru, large seating area, walk-in cooler and freezer, monument signage, ample parking, and a large two-sided billboard with leases reportedly in place. These features can support continued restaurant operations or repositioning for a variety of retail and service-oriented uses. The freestanding layout and established infrastructure may reduce redevelopment and conversion costs compared to ground-up construction.
The asset is situated on a 30,000-square-foot site and offers direct accessibility from surrounding arterial roadways and Interstate 40. The combination of visibility, signage, parking, and airport corridor positioning creates multiple avenues for owner-users, investors, and operators seeking a location with established improvements and immediate functionality. Oklahoma City's diverse economy, anchored by aviation, logistics, healthcare, government, and energy sectors, further supports long-term demand for well-located commercial real estate within this corridor.
The existing restaurant configuration includes a drive-thru, large seating area, walk-in cooler and freezer, monument signage, ample parking, and a large two-sided billboard with leases reportedly in place. These features can support continued restaurant operations or repositioning for a variety of retail and service-oriented uses. The freestanding layout and established infrastructure may reduce redevelopment and conversion costs compared to ground-up construction.
The asset is situated on a 30,000-square-foot site and offers direct accessibility from surrounding arterial roadways and Interstate 40. The combination of visibility, signage, parking, and airport corridor positioning creates multiple avenues for owner-users, investors, and operators seeking a location with established improvements and immediate functionality. Oklahoma City's diverse economy, anchored by aviation, logistics, healthcare, government, and energy sectors, further supports long-term demand for well-located commercial real estate within this corridor.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,880 SF
Building Class
C
Year Built
1995
Price
$899,000
Price Per SF
$312.15
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.65 AC
Zoning
C-4 - Commercial Zoning
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
68’ on Meridian Ave
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 141981475 | Improvements Assessment | $45,346 |
| Land Assessment | $31,350 | Total Assessment | $76,696 |
Property Taxes
Parcel Number
141981475
Land Assessment
$31,350
Improvements Assessment
$45,346
Total Assessment
$76,696
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