1000 Lonnie Abbott Blvd - Office FOR SALE


Ada, OK 74820
$1,292,000 USD
405-205-8489
1000 Lonnie Abbott Blvd, Ada, OK for Sale
$1,292,000 USD
Office - FOR SALE
1/7
null | 6.5% Cap Rate

1000 Lonnie Abbott Blvd
Ada, OK 74820


HIGHLIGHTS

  • Brand-New Construction (2025) With Double Drive-Thru
  • 15-Year Absolute NNN Ground Lease, Low Rent ($84K NOI)
  • Lease Signed by 7 Crew, LLC, One of the Largest Franchisees within the 7 Brew Chain (21-Units and Growing)
  • Strong 10% Rental Increases Every 5 Years During the Initial Term and in the Option Periods
  • Very Low and Replaceable Ground Rent of $84,000 Annually
  • Located in a College Town, Ada is Home to East Central University (Approximately 4,000 Students)

OVERVIEW

SHOP Companies is pleased to present the opportunity for qualified investors to acquire a brand-new 2025 construction 7 Brew Coffee property in Ada, Oklahoma. The property features a double drive-thru building on a 0.50-acre parcel and is secured by an Absolute NNN Ground Lease with a new 15-year lease term. The lease includes 10% rental escalations every five years, along with five (5) five-year renewal options. Strategically located in Ada’s primary retail corridor, the subject property is shadow-anchored by the North Hills Shopping Center, the center is anchored by major tenants such as Cinemark, Ollie’s Bargain Outlet (coming soon), Tractor Supply, and Dollar General. It sits between two major retail draws—Home Depot and Walmart Supercenter—which attract millions of visitors annually. The site offers excellent visibility and access along Lonnie Abbott Boulevard, a high-traffic thoroughfare with nearly 17,000 vehicles per day. The property is also ideally situated between the Ada Regional Airport and the Chickasaw Nation Headquarters, further enhancing its strategic appeal. Surrounding national retailers include Walmart, Home Depot, Tractor Supply, Aldi, Dollar General, Bath & Body Works, and many more. Ada, Oklahoma, founded in the late 19th century and incorporated in 1901, has evolved from its agricultural roots into a regional hub for education, healthcare, and technology. The city is home to East Central University (approximately 4,000 students), which not only provides quality education but also contributes over $54 million annually to the local economy through employment and community engagement. Healthcare is another cornerstone, with Mercy Hospital Ada serving as a critical facility for the region. A significant draw to Ada is its association with the Chickasaw Nation, which has its headquarters in the city and plays a pivotal role in the community's development. 7 Brew Coffee is one of the fastest-growing drive-thru coffee concepts in the United States, expanding by more than 2,000% since 2022 to reach 321 locations nationwide by the end of 2024. With over 2,500 additional units under development agreements and a projected 2025 expansion of 242 new stores, 7 Brew has firmly established itself as a disruptive force in the quick-service beverage category. In 2024, the brand reported average unit sales of $2.04 million and a strong EBITDAR margin of 29.3%, highlighting the chain’s exceptional unit economics. Named QSR Magazine’s “Breakout Brand of 2023,” 7 Brew continues to gain national momentum and franchisee demand at an unprecedented pace.

FOR SALE DETAILS

PRICE

$1,292,000 USD

PRICE/SF

$788 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew - Ada, OK

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

-

APN/PARCEL ID

0525-27-004-006-0-013-00

ASK ABOUT THIS PROPERTY

Will LightfootSHOP CompaniesMore Info
405-205-8489

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Will LightfootSHOP CompaniesMore Info
405-205-8489

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