SHOP Companies is pleased to offer for sale to qualified investors the opportunity to purchase a brand-new Absolute NNN Ground Leased Salad and Go located in Oklahoma City, OK ("the property"). The 20-year lease includes 10% rental escalations every five years and in each of the four (4) option periods.
The property is situated just off N Rockwell Ave, which sees 14,174 vehicles per day, and lies just south of the John Kilpatrick Turnpike Toll Rd, a major arterial route with 33,715 vehicles per day. The turnpike loops around the north and west sides of Oklahoma City, providing a convenient route for commuters and connecting major suburbs like Edmond, with over 96,000 residents, and Yukon with over 25,000 residents. It also links various suburban neighborhoods and commercial districts, making it a vital corridor for the area's population. Within a 3-mile radius of the site, the average household income is above average, exceeding $124,000, reflecting the area's affluence and economic vitality.
Just 5 minutes from the site is Paycom's corporate headquarters, one of the largest private employers in Oklahoma with 7,300 employees. The area boasts a high daytime population of over 52,000 workers and residents within a 3-mile radius of the property. Francis Tuttle's Rockwell 80-acre campus is only one minute away. Other notable nearby employers include key healthcare providers such as Mercy Hospital (4,300+ employees, 380 beds) and Oklahoma Heart Hospital (2,500+ employees, 143 beds). Mercy Hospital Oklahoma City was recognized as one of the best hospitals in the United States by Money magazine in 2024. The property is strategically located in the rapidly growing Memorial Road retail intersection, near recently developed sites of national tenants, including Chick-fil-A, 7-Eleven, Starbucks, Panda Express, Taco Bell, Wendy's, Take 5 Oil Change, and Taco Casa. There are also plans for a Walmart Supercenter development directly northeast of the property.