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Photography available after free registration below
Virtual Drive-By

Verizon NNN

1805 W Main · Norman, OK 73069 · QSR / Restaurant

Asking price
$875,000
Cap rate
—
NOI (derived)
—

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN
Term remaining—
Expiration—
Rent bumps—
Options—
Ground lease—
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF2,528
Price / SF$346
Year built1979
Lot size—
TypeRestaurant, Storefront
Days on market7

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​24th Ave SW and W Main St is the Busiest Intersection in Cleveland County
  • ​Surrounded By Many National Retailers
  • ​Property Renovated By Previous Tenant
  • ​Property Has Drive Thru Capability

Property overview

2nd Gen Restaurant Available for Sale $875K or Lease $29.75 PSF NNN

Located at the hard corner of Mercedes and Main, the property lies at a signalized intersection on the busy Main Street in Norman roughly 1/2 mile from Interstate 35.​ Just minutes from the campus of the University of Oklahoma, Site boasts traffic count of 26,297 vehicles per day (ACOG '24.​)

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.