2305 S Telephone RdMoore, OK 73160

For Sale
$3,633,333
NNN Leased Restaurant Investment

Overview

Added:
Jan 27
Days on market:
79
This exceptional investment opportunity presents a 5,345-square-foot Johnnie's Charcoal Broiler restaurant in Moore, Oklahoma. Built in 2018, this property boasts an absolute NNN lease, eliminating landlord responsibilities. The location offers unparalleled visibility and accessibility on South Telephone Road, with high traffic counts exceeding 126,000 vehicles daily due to its proximity to Interstate 35. The site benefits from being in a thriving retail corridor with over two million square feet of existing retail space on the west side of I-35 and an additional 1.5 million square feet of new retail development on the east side. This prime location is surrounded by a diverse mix of restaurants, retail establishments, and hotels, including major national brands such as Home Depot, Starbucks, Chili's, Chick-fil-A, Lowe's, Target, Kohl's, and many more. The property offers a fee simple interest and features scheduled rent increases, ensuring a strong return on investment. Moore, Oklahoma, is the seventh-largest city in the state, situated between Oklahoma City and Norman, within a robust and growing metropolitan area. This is a rare chance to acquire a well-positioned, passively managed, and high-performing commercial property with a long-term lease. The investment is structured as an Investment NNN type. The net operating income is $218,000. The asking price is $3,633,333.

Highlights

  • 5,345 square foot Johnnie's Charcoal Broiler, built in 2018.
  • Excellent visibility and access on South Telephone Road, near I-35.
  • Absolute NNN lease with scheduled rent increases; zero landlord responsibilities.

Property Details for 2305 S Telephone Rd

Property type
Retail properties
Square Feet
5,345 SF
Price / Square Foot
$679.76
Buildings
1
Stories
1
Elevators
N/A
Units
1
Net Operating Income
$218,000

Location Insight

City
Moore
County
State
Oklahoma

FAQs

What type of property is this?
Retail property - NNN Leased Restaurant Investment
Where is the retail property located?
The property is located at 2305 S Telephone Rd Moore, OK.
What is the asking price?
The asking price for this property is $3,633,333.
What are key features of this property?
This property features: 5,345 square foot Johnnie's Charcoal Broiler, built in 2018.; Excellent visibility and access on South Telephone Road, near I-35.; Absolute NNN lease with scheduled rent increases; zero landlord responsibilities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2305 S Telephone Rd
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