1107 NW 32nd St - Restaurant FOR SALE


Newcastle, OK 73065
$975,000 USD
405-923-5328
1107 NW 32nd St, Newcastle, OK for Sale
$975,000 USD
Restaurant - FOR SALE
1/32
null | Request Cap Rate

Jun '26


1107 NW 32nd St
Newcastle, OK 73065


HIGHLIGHTS

  • Turn-key free-standing restaurant with full commercial kitchen and drive-thru
  • Prime Hwy 37 frontage with 22,000+ vehicles per day
  • Located in the booming Tri City corridor surrounded by national retailers
  • Direct access to I-44 and future turnpike connection to Norman & I-35
  • Built in 2017 and renovated in 2020 — modern construction and systems
  • Explosive area growth: new hospital, vocational school, and big-box development planned

OVERVIEW

Turn-key, free-standing restaurant with drive-thru located in the high-growth Tri City corridor of Newcastle, OK. The property consists of 2,055 SF on 1.14 acres with 35 parking spaces, four ingress/egress points, and excellent visibility along NW 32nd St (Hwy 37), which carries 22,000+ vehicles per day. Built in 2017 and renovated in 2020, the building offers modern construction, a full commercial kitchen, bar seating, two ADA restrooms, a 10' x 8' cooler, and a complete front-of-house dining area with seating for 40+. The site sits directly along the future turnpike extension connecting Newcastle to Norman, significantly enhancing long-term traffic flow and regional connectivity. As stated in the brochure, “Highway 37 will intersect the new turnpike at I-44 (currently under construction), connecting Newcastle to Norman in the near future.” The City of Newcastle also plans to extend NW 32nd St south and add a new stoplight at the property’s frontage, further improving access and visibility. Surrounded by established national retailers—including AutoZone, Sonic, O’Reilly Auto Parts, Dollar Tree, AT&T, and Arbys—the property benefits from a strong commercial trade area with continued expansion. Newcastle is experiencing rapid residential and commercial growth, supported by major upcoming developments such as a new Chickasaw Hospital, a new vocational school, and a proposed big-box commercial development along I-44. Demographics are strong, with a 5-mile population of 31,155 and a median household income of $104,881. The 10-mile radius reaches nearly 300,000 residents, providing a deep customer base for any food-service or retail operator. This offering is ideal for an owner-operator, franchisee, or investor seeking a modern, fully equipped restaurant facility in a booming submarket with significant future upside. Fee simple ownership.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$474 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

Commercial

APN/PARCEL ID

440024105

ASK ABOUT THIS PROPERTY

Joshua O'NealRose Rock Commercial GroupMore Info
405-923-5328

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Joshua O'NealRose Rock Commercial GroupMore Info
405-923-5328

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.