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Freddy's Absolute NNN Retail Lease
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1102 S George Nigh Expy, McAlester, OK 74501

Freddy’s brand-new NNN lease on a high-visibility US-69 pad site with strong traffic counts.

Property Size3,520 SF
Lot Size2.00 Acres
Price / SF$727.27
Days on Market424

Property Features for 1102 S George Nigh Expy

General Information

Standard status Active
Size 3,520 SF
Lot size 2.00 Acres
Property subtype RETAIL

Site & Location

Anchor Co-Tenants Hobby Lobby, Ross, T.J. Maxx, Ollie's Bargain Outlet, Bealls, Five Below
Traffic Count 23,767 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Commercial Investment Advisors (CIA) - Corporate
Listed By: Justin Zahn
Source: Moodyscre
Added: Jun 2, 2025 Changed: Jul 29 Last Checked: Jul 29 at 2:54PM

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 Commercial Investment Advisors (CIA) - Corporate

Investment Insights

Based on property information with market context.

This NNN retail pad lease features a brand-new 20-year absolute NNN lease with 7.50% rental escalations every 5 years, plus four 5-year renewal options. The tenant is Freddy’s restaurants, and the asset totals 3,520 SF.

The property is on a very large 2.0-acre lot with excellent visibility and access along US-69 / George Nigh Expy, a main north/south thoroughfare through McAlester, with traffic counts of 23,767 CPD. It is positioned on a pad site to a newly constructed Hobby Lobby / Ross / T.J. Maxx anchored retail center.

The anchored center includes key tenants such as T.J. Maxx, Ross, Ollie’s Bargain Outlet, Bealls, and Five Below, with additional nearby retailers and dining options in the surrounding trade area.

Key Highlights

  • Brand‑new 20‑year absolute NNN lease with 7.50% rental escalations every 5 years
  • Four 5‑year renewal options under the lease
  • 2.0‑acre pad site with excellent visibility and access on US‑69 / George Nigh Expy

Property Analytics

Current Use

Steak 'n Shake Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Spa & Massage Center Restaurant Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23,767 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Hotels & Casinos 25%
O'Reilly Auto Parts Shops & Services
1,671 visits/mo 0.3 miles
Enterprise Rent-A-Car Shops & Services
985 visits/mo 0.4 miles
Motel 6 Hotels & Casinos
885 visits/mo 0.3 miles

Demographics for 74501, OK

28,566
Population
13,223
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
550.7 sq mi
ZIP Area
52
Density / Sq Mi
$55,430
Median Household Income
$38,814
Median Earnings
$907
Median Rent
$156,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Freddy’s brand-new NNN lease on a high-visibility US-69 pad site with strong traffic counts.
Where is this nnn property located?
The property is located at 1102 S George Nigh Expy McAlester, OK.
What is the asking price?
The asking price for this property is $2,560,000.
What are key features of this property?
This property features: Brand‑new 20‑year absolute NNN lease with 7.50% rental escalations every 5 years; Four 5‑year renewal options under the lease; 2.0‑acre pad site with excellent visibility and access on US‑69 / George Nigh Expy
(480) 718-5555 Call to check price and availability
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