Tri City Newcastle Turnkey Restaurant
Retail | 2,055 SqFt
Marketing description
For Sale! Free standing (Turn Key) restaurant located on NW 32nd (Hwy 37) in Newcastle at the busy Tri City corrido. Highway 37 will intersect the new turnpike at I-44 (currently under construction), connecting Newcastle to Norman in the near future. Newcastle has plans to extend the street south and add a stoplight in front of this location.
Newcastle is situated in close proximity to major highways, including I-44 and Highways 62 & 37, providing convenient access to neighboring cities like Oklahoma City, Norman, Tuttle, and Blanchard.
The area features a mix of residential neighborhoods, local businesses, and recreational facilities, such as the Newcastle Casino and the Newcastle Sports Complex. Newcastle has several new commercial developments in progress. Future construction includes a new Chickasaw Hospital, a new vocational school, a proposed big box commercial development along the I-44 corridor, and the turnpike extension.
The property's location offers visibility and accessibility, being situated along NW 32nd Street (Hwy37), a well-traveled road in the area with a daily traffic count of 22,000+ cars.
Investment 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 the future turnpike connection to Norman.
City‑planned roadway extension and new stoplight along Hwy 37 at the property.
Built in 2017 and renovated in 2020 with modern systems and finishes.
Large 1.14‑acre lot with 35 parking spaces and four ingress/egress points.
Fully equipped kitchen including grill/fryer line, hood system, and 10' x 8' cooler and much more
Front‑of‑house dining for 40+ guests plus bar seating.
Two ADA‑compliant restrooms and efficient single‑tenant layout.
Strong surrounding demographics with $104,881 median household income (5‑mile).
Explosive area growth including new hospital, vocational school, and big‑box development.
Ideal for owner‑operator, franchisee, or investor seeking immediate operational capability.
Fee simple ownership with long‑term commercial upside.
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