Description
HTeaO with Dual Drive-Thru is a newly constructed retail property located at 1807 W. Lindsey Street in Norman, Oklahoma. The asset spans 1,775 square feet on a 0.42-acre parcel and was built in 2024, offering modern construction, efficient design, and excellent functionality. The property features 100% occupancy and benefits from a prime location with 100 feet of frontage along a high-traffic corridor, with a daily traffic count of 26,900 vehicles.
This retail site is strategically positioned within the Norman market, providing strong visibility and accessibility. The investment opportunity is offered at an asking price of $2,074,074, with a price per square foot of $1,168 and an in-place cap rate of 6.75%. The property delivers a stable net operating income (NOI) of $140,000 annually, ensuring predictable cash flow.
With market-aligned rents and robust tenant occupancy, this asset presents a compelling opportunity for investors seeking stabilized yield in a growing submarket. The dual drive-thru configuration further enhances tenant operations and positions the property for sustained performance within a high-demand retail environment.
This retail site is strategically positioned within the Norman market, providing strong visibility and accessibility. The investment opportunity is offered at an asking price of $2,074,074, with a price per square foot of $1,168 and an in-place cap rate of 6.75%. The property delivers a stable net operating income (NOI) of $140,000 annually, ensuring predictable cash flow.
With market-aligned rents and robust tenant occupancy, this asset presents a compelling opportunity for investors seeking stabilized yield in a growing submarket. The dual drive-thru configuration further enhances tenant operations and positions the property for sustained performance within a high-demand retail environment.
Offering Summary
- Asking Price$2,074,074
- Price PSF$1,168
- Property TypeRetail
- Size1,775 SF
- Occupancy100%
- Built2024
- Total Acres~0.42 ac
Sale Details
- Walt15 Years
- Cap Rate6.75%
- NOI$140,000
- In-Place Cap Rate6.75%
- In-Place NOI$140,000
Documents
Property Address
1807 W. Lindsey St.
Norman, OK 73069
Property Details
- Property Type
Retail - Occupancy
100% - Year Built
2024 - Lease Type
Absolute Net, NNN - Ownership Interest
Fee Simple - Frontage (ft)
100 ft - Traffic Count
26,900 AADT - Acres
0.42

