Wendy’s Absolute NNN
For Sale
Contact for pricing
Pending
1045 15th Ave NW, Ardmore, OK 73401
New-construction Wendy’s asset with scheduled rent increases and no landlord responsibilities under its lease structure.
Property Size2,319 SF
Days on Market139
Property Features for 1045 15th Ave NW
General Information
Standard status
Pending
Size
2,319 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Listing Agency:
The Kase Group
(415) 513-0465
Listed By:
Robert Walker · License #CA 01954360
Source:
Crexi
Added: Apr 15
Changed: Aug 30
Last Checked: Aug 30 at 7:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kase Group
Investment Insights
Based on property information with market context.
Completed as new construction, this 2,319-square-foot Wendy’s operates under a 20-year absolute NNN lease. The agreement provides 10% increases every 5 years and assigns zero landlord responsibilities, creating a clearly defined ownership structure for the property.
The site is in Ardmore, Oklahoma, along the I-35 corridor between Oklahoma City and Dallas/Fort Worth. It is adjacent to Mercy Hospital, a 180,000-square-foot facility with more than 1,200 employees and 190 beds. Across the property, The Shops at Ardmore offers over 220,000 square feet of retail space with tenants including Ulta, TJ Maxx, Staples, Hobby Lobby, Big Lots, Buckle, Famous Footwear, Hallmark, Bath & Body Works, and Planet Fitness.
The surrounding trade area encompasses seven counties and has a population of 143,619, providing regional context for this single-tenant restaurant property.
The site is in Ardmore, Oklahoma, along the I-35 corridor between Oklahoma City and Dallas/Fort Worth. It is adjacent to Mercy Hospital, a 180,000-square-foot facility with more than 1,200 employees and 190 beds. Across the property, The Shops at Ardmore offers over 220,000 square feet of retail space with tenants including Ulta, TJ Maxx, Staples, Hobby Lobby, Big Lots, Buckle, Famous Footwear, Hallmark, Bath & Body Works, and Planet Fitness.
The surrounding trade area encompasses seven counties and has a population of 143,619, providing regional context for this single-tenant restaurant property.
Key Highlights
- New‑construction Wendy’s building totaling 2,319 SF
- 20‑year lease with 10% increases every 5 years
- Absolute NNN lease with zero landlord responsibilities
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
Explore this area
Business Placement
Demographics for 73401, OK
36,744
Population
16,349
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
88%
High-School Grad
351.5 sq mi
ZIP Area
105
Density / Sq Mi
$60,288
Median Household Income
$39,005
Median Earnings
$960
Median Rent
$174,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - New-construction Wendy’s asset with scheduled rent increases and no landlord responsibilities under its lease structure.
Where is this nnn property located?
The property is located at 1045 15th Ave NW Ardmore, OK.
What are key features of this property?
This property features: New‑construction Wendy’s building totaling 2,319 SF; 20‑year lease with 10% increases every 5 years; Absolute NNN lease with zero landlord responsibilities
