5101 N May Ave - Fast Food FOR SALE


Oklahoma City, OK 73112- Wileman 3
$2,400,000 USD
405-219-6977
5101 N May Ave, Oklahoma City, OK for Sale
$2,400,000 USD
Fast Food - FOR SALE
1/1
null | 5.83% Cap Rate

5101 N May Ave
Oklahoma City, OK 73112
Wileman 3


OVERVIEW

Robinson Park LLC is pleased to offer for sale a newly constructed 3,350 square foot, freestanding Taco Casa at 5101 N May Ave., Oklahoma City, Oklahoma 73122 (the “Property”). The Property is situated on approx. 0.99 acre of land with exceptional access and visibility, at a hard corner of a fully signalized intersection directly across the street from Target. This offering features a twenty (20) year absolute net Ground Lease from Taco Casa, providing long-term stable cash flow with zero Landlord responsibilities. The investment opportunity offers a current Net Operating Income (NOI) of $140,000 per year.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$714 USD /SF

CAP RATE

5.83%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Casa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

C-3

APN/PARCEL ID

133684600

ASK ABOUT THIS PROPERTY

Michael RapellaNewmark Robinson ParkMore Info
405-219-6977

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Michael RapellaNewmark Robinson ParkMore Info
405-219-6977

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