4603-4605 N Kickapoo Ave - Restaurant FOR SALE


Shawnee, OK 74804
$2,685,000 USD
479-845-3000
4603-4605 N Kickapoo Ave, Shawnee, OK for Sale
$2,685,000 USD
Restaurant - FOR SALE
1/3
null | 5.51% Cap Rate

4603-4605 N Kickapoo Ave
Shawnee, OK 74804


HIGHLIGHTS

  • 17 years remaining on the lease to the largest McAlister’s Deli Franchisee
  • Immediate access to US I-40 (32,692 VPD) via North Kickapoo Avenue (16,590 VPD)
  • Minutes from Saint Anthony Hospital Shawnee (102-beds, 610 employees), Oklahoma Baptist University (1,900 students), and the Heart of Oklahoma Center
  • Surrounded by several national retailers and located one mile from Shawnee Mall (455,420 SF of retail space, 60 stores)

OVERVIEW

Absolute NNN with scheduled rental increases. Leased to The Saxton Group, the largest McAlister’s Deli franchisee, with over 80 McAlister’s Deli locations and $2.66 billion in sales since 1999, or over $350 million in sales annually. 17 years remaining on 20-year initial term, plus two five-year options.

FOR SALE DETAILS

PRICE

$2,685,000 USD

PRICE/SF

$677 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

71

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

C-3

APN/PARCEL ID

000031011004003214

ASK ABOUT THIS PROPERTY

Matt ImhoffCushman & Wakefield | Sage PartnersMore Info
479-845-3000

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Matt ImhoffCushman & Wakefield | Sage PartnersMore Info
479-845-3000

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