2201 I-240 Service Road - Fast Food FOR SALE


Oklahoma City, OK 73159- Prairie Queen
$2,250,000 USD
918-794-9516
2201 I-240 Service Road, Oklahoma City, OK for Sale
$2,250,000 USD
Fast Food - FOR SALE
1/1
null | 5% Cap Rate

2201 I-240 Service Road
Oklahoma City, OK 73159
Prairie Queen


HIGHLIGHTS

  • One Of The Fastest-Growing QSRs
  • 15-Year Absolute NNN Lease w/ Increases
  • Brand New 2026 Construction
  • Outparcel to Hobby Lobby-Anchored Shopping Center
  • Frontage on I-240, Exposure to 120K+ VPD
  • Large Parcel With Drive-Thru & Ample Parking

OVERVIEW

This offering presents the opportunity to acquire a newly developed Bojangles ground lease located at 2201 W I-240 Service Road in Oklahoma City, Oklahoma. The property is structured with a 15-year absolute NNN lease featuring contractual rent increases, providing investors with a passive ownership opportunity and limited landlord responsibilities. The asset is occupied by Bojangles, one of the fastest-growing quick-service restaurant brands in the United States, offering exposure to a nationally recognized operator within a growing restaurant segment. The site is positioned within a retail corridor anchored by Hobby Lobby and benefits from visibility and access associated with the I-240 service road network. Oklahoma City is the largest city in Oklahoma and serves as a major regional employment, healthcare, logistics, aviation, and government center. The property's location along a significant transportation corridor supports customer accessibility and provides connectivity to surrounding residential neighborhoods, retail destinations, and employment centers throughout the metropolitan area. The combination of a long-term absolute NNN lease structure, scheduled rent increases, and tenancy from a growing national restaurant operator creates an investment profile focused on stable cash flow and operational simplicity. The property's placement within an established retail environment further enhances its positioning by leveraging existing consumer traffic and surrounding commercial activity. Investors seeking a single-tenant net-leased asset with long-term contractual income and exposure to the Oklahoma City market may find this opportunity attractive.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$874 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bojangles (Ground Lease)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

-

APN/PARCEL ID

113501140

ASK ABOUT THIS PROPERTY

Chad ByerlyNorthmarqMore Info
918-794-9516

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

Chad ByerlyNorthmarqMore Info
918-794-9516

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