1800 S Meridian Ave - Restaurant FOR SALE


Oklahoma City, OK 73108- W South Oklahoma City
$2,744,000 USD
405-830-0252
1800 S Meridian Ave, Oklahoma City, OK for Sale
$2,744,000 USD
Restaurant - FOR SALE
1/9
null | 7% Cap Rate

1800 S Meridian Ave
Oklahoma City, OK 73108
W South Oklahoma City


HIGHLIGHTS

  • NNN Lease
  • Strong Local Operator
  • Long Term Tenant (12 years)
  • 12% Increases on Renewal Options (Including one in November 2025)
  • Over $3,000,000 in Annual Revenue

OVERVIEW

Being offered as a NNN investment sale, the Mug Kitchen & Tavern is located at 1800 S Meridian Ave, Oklahoma City. Being located in the S Meridian Corridor, The Mug sees high traffic from the inflow of the OKC Airport as well as the surrounding hotels. The building sits on a 1.72 AC lot with extensive parking. Having been leased for the past 12 years by The Mug, sales have continued to grow now exceeding $3,000,000 annually. In November of 2025, The Mug annual rent will increase to $215,040 per year. The current NNN lease structure places structural maintenance, rood repairs, parking lot, HVAC, and plumbing maintenance all on the Tenant.

FOR SALE DETAILS

PRICE

$2,744,000 USD

PRICE/SF

$433 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Mug Scratch Kitchen & Tavern

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

109

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

I-1

APN/PARCEL ID

132383951

ASK ABOUT THIS PROPERTY

Ethan SlavinCreek CREMore Info
405-830-0252

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Ethan SlavinCreek CREMore Info
405-830-0252

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