For Sale
$1,788,000

Shawnee Mall Dr Shawnee, OK 74804

High-growth QSR, NNN lease, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a newly constructed (2023) Dutch Bros Coffee located in Shawnee, Oklahoma. The property boasts a 950 square foot building situated on a 0.44-acre lot within the Shawnee Mall, a 455,420 square foot regional shopping center. This prime location offers excellent visibility from Interstate 40 (48,419 AADT), a major thoroughfare connecting Shawnee to Oklahoma City. The property benefits from its proximity to other major national retailers, including Kohl's, Walmart, Lowe's, and numerous restaurants. The outparcel location next to Kohl's and Walmart Supercenter ensures significant crossover buyer traffic. The site is also conveniently located near Shawnee's auto mall. A 15-year absolute NNN lease commenced January 1, 2023, and expires December 31, 2037, with built-in 10% rent increases every five years. The property features a dedicated dual-lane drive-thru, enhancing customer convenience and sales potential. The tenant, Dutch Bros Coffee, is a rapidly expanding national brand with a strong corporate guarantee. The property's current Net Operating Income (NOI) is $101,000, yielding a 5.65% cap rate. This is a passive investment opportunity with a stable customer base of 36,098 residents within a 5-mile radius. The asking price is $1,788,000. This is a 1031 exchange eligible property.

Highlights

  • High-traffic location in Shawnee, OK, at I-40 and N. Kickapoo Ave interchange.
  • Excellent I-40 visibility (48,419 AADT), connecting Shawnee to Oklahoma City.
  • Shawnee Mall outparcel, near Dillard's, Kohl's, Walmart, and other major retailers.
  • Outparcel location adjacent to Kohl's and Walmart, maximizing cross-traffic.
  • Walking distance to Shawnee's auto mall.
  • Strong retail environment with nearby Lowe's, Hobby Lobby, and numerous national chains.

Property Details for 0 Shawnee Mall Dr

Property type
Retail properties, Restaurants
Square Feet
950 SF
Year Built
2023
Lot Size (sq. ft)
19,166 SF

Location Insight

City
Shawnee
County
Pottawatomie
State
Oklahoma
Latitude
35.384361891478
Longitude
-96.921912252607

FAQs

What type of property is this?
Retail property - High-growth QSR, NNN lease, strong ROI.
Where is the retail property located?
The property is located at Shawnee Mall Dr Shawnee, OK.
What is the asking price?
The asking price for this property is $1,788,000.
What are key features of this property?
This property features: High-traffic location in Shawnee, OK, at I-40 and N. Kickapoo Ave interchange.; Excellent I-40 visibility (48,419 AADT), connecting Shawnee to Oklahoma City.; Shawnee Mall outparcel, near Dillard's, Kohl's, Walmart, and other major retailers.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Shawnee Mall Dr
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