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Restaurant

Salad and Go Ground Lease | Low Price Point | Absolute NNN

6501 N May Ave, Oklahoma City, OK 73116

Listing Price: $1,304,350

Cap Rate
5.75%
Tenant Name
And Go Concepts, LLC dba Salad and Go
Years Remaining On Lease
20.1
Gross SF
1,050
Guarantor
Corporate Guarantee
Rentable SF
1,050
Price/Gross SF
$1,242.24
Lease Type
NNN Ground Lease
Rent Per Square Feet
$71.43

Investment Overview

After spending years in the fast food industry, the creators of Salad and Go set out on a mission – make drive-thru fast food better and healthier. The chain currently has 121 locations open and in development throughout Arizona, Texas, Oklahoma, and Nevada.

Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124.

Investment Highlights

  • Corporate Guaranteed Brand New 20 Year Ground Lease with Salad and Go
  • Excellent Visibility at Signalized Intersection of NW 63rd St and N May Ave (Combined 44,800 Cars/Day)
  • 619,360 Residents within a Ten-Mile Radius - Densely Populated and Growing Trade Area in the Oklahoma City MSA
  • Rental Increases Every Five Years and Multiple Renewal Options
  • Surrounded by National Tenants: Sprouts Farmers Market, Home Depot, Target, Sam's Club, Petco, Big Lots, Walmart Supercenter, and Many More
  • Less Than 15 Minutes to Downtown Oklahoma City and Oklahoma State Capital
  • Strong Daytime Population of Over 316,796 Employees within Five Miles
  • Immediate Access to the Lake-Hefner Pkwy (US-74) (93,000+ Cars/Day)

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Restaurant

Salad and Go Ground Lease | Low Price Point | Absolute NNN

Listing Price: $1,304,350

Cap Rate
5.75%
Tenant Name
And Go Concepts, LLC dba Salad and Go
Years Remaining On Lease
20.1
Gross SF
1,050
Guarantor
Corporate Guarantee
Rentable SF
1,050
Price/Gross SF
$1,242.24
Lease Type
NNN Ground Lease
Rent Per Square Feet
$71.43

Investment Highlights

  • Corporate Guaranteed Brand New 20 Year Ground Lease with Salad and Go
  • Excellent Visibility at Signalized Intersection of NW 63rd St and N May Ave (Combined 44,800 Cars/Day)
  • 619,360 Residents within a Ten-Mile Radius - Densely Populated and Growing Trade Area in the Oklahoma City MSA
  • Rental Increases Every Five Years and Multiple Renewal Options
  • Surrounded by National Tenants: Sprouts Farmers Market, Home Depot, Target, Sam's Club, Petco, Big Lots, Walmart Supercenter, and Many More
  • Less Than 15 Minutes to Downtown Oklahoma City and Oklahoma State Capital
  • Strong Daytime Population of Over 316,796 Employees within Five Miles
  • Immediate Access to the Lake-Hefner Pkwy (US-74) (93,000+ Cars/Day)

Investment Overview

After spending years in the fast food industry, the creators of Salad and Go set out on a mission – make drive-thru fast food better and healthier. The chain currently has 121 locations open and in development throughout Arizona, Texas, Oklahoma, and Nevada. Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

Financing By

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