Description
Newly constructed in 2023, this 3,304-square-foot retail asset is fully occupied and strategically located at 3304 N. Kickapoo Ave in Shawnee, Oklahoma. Situated on 0.80 acres, the property benefits from a high-traffic count of 28,000 vehicles daily, offering strong visibility and accessibility within the market.
This single-story restaurant building presents a stabilized investment opportunity in a growing submarket. The property is offered at a 6.75% cap rate, with a stabilized NOI of $120,000 and a GRM of 14.8. The asking price is $1,777,777, equating to $538 per square foot. Fully leased, the asset delivers predictable cash flow with no immediate lease rollover risk, providing stability for investors.
The new construction ensures minimal capital expenditure requirements, enhancing long-term value preservation. This is a prime opportunity to acquire a well-located retail asset with strong fundamentals in a dynamic and growing market.
Documents
Offering Summary
- Asking Price$1,777,777
- Price PSF$538
- Property TypeRetail
- Size3,304 SF
- Available3,304 SF
- Occupancy100%
- Built2023
- Total Acres~0.80 ac
Sale Details
- Walt15 Years
- Cap Rate6.75%
- NOI$120,000
- GRM14.80
- Potential GRM12
Documents
Property Address








Deal Team

Description
Newly constructed in 2023, this 3,304-square-foot retail asset is fully occupied and strategically located at 3304 N. Kickapoo Ave in Shawnee, Oklahoma. Situated on 0.80 acres, the property benefits from a high-traffic count of 28,000 vehicles daily, offering strong visibility and accessibility within the market.
This single-story restaurant building presents a stabilized investment opportunity in a growing submarket. The property is offered at a 6.75% cap rate, with a stabilized NOI of $120,000 and a GRM of 14.8. The asking price is $1,777,777, equating to $538 per square foot. Fully leased, the asset delivers predictable cash flow with no immediate lease rollover risk, providing stability for investors.
The new construction ensures minimal capital expenditure requirements, enhancing long-term value preservation. This is a prime opportunity to acquire a well-located retail asset with strong fundamentals in a dynamic and growing market.
Documents
Offering Summary
- Asking Price$1,777,777
- Price PSF$538
- Property TypeRetail
- Size3,304 SF
- Available3,304 SF
- Occupancy100%
- Built2023
- Total Acres~0.80 ac
Sale Details
- Walt15 Years
- Cap Rate6.75%
- NOI$120,000
- GRM14.80
- Potential GRM12
Documents
Property Address
Deal Team

