Starbucks Oklahoma City, OK

1408 South Mustang Road
Oklahoma City, OK

Price: $2,478,000
Cap Rate: 5.75%
NOI: $142,500
Building Size: Approx. 2,191 Sq. Ft.
Lot Size: Approx. 0.847 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2023

Investment Overview

  • 2023 Construction. 2,191+/- SF Building on 0.847+/- Acre Site
  • Double Drive-Thru Site w/ 9+ Yrs. Remaining on a 10-Yr. Net Lease w/ 10% Rent Bumps in Primary Term & 9% in Options
  • Adjacent to Mustang Creek Crossing, the Largest Mixed-Use Development in Oklahoma (260 Acres)
  • Outstanding Demographics w/ a 5-Mile Population Over 118,000 and Average HH Income Over $90,000
  • Dense Trade Area w/ Surrounding Tenants of 7-Eleven, Wendy’s O’Reilly, OnCue, & More
  • Starbucks is the Largest Specialty Coffee Retailer in the World w/ Over $32.3B in Revenue Across 35,000 Stores Globally
  • Oklahoma City¬† | The Largest City in Oklahoma | Population: 649,410+