Freddy's Absolute NNN Retail
For Sale
Contact for pricing
1102 South George Nigh Expressway, 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$673.30
Days on Market39
Property Features for 1102 South George Nigh Expressway
General Information
Standard status
Active
Size
3,520 SF
Lot size
2.00 Acres
Property subtype
Retail
Zoning
C
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$160,000
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
Year Built
2024
Tenancy
Single
Listing Agency:
Commercial Investment Advisors (CIA) Scottsdale
Listed By:
Justin Zahn · License #SA545840000
(480) 718-5555
Source:
Crexi
Added: Jul 28
Changed: Sep 3
Last Checked: Sep 2 at 1:12PM
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) Scottsdale
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.
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
Property Profile
Current Use
Lease Details
23,767 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
244k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Dining 34%
Apparel 26%
Hotels & Casinos 1%
McAlester #1
Shops & Services
53,273 visits/mo
0.4 miles
Chick-fil-A
Dining
35,454 visits/mo
0.1 miles
T.J. Maxx
Apparel
25,443 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
19,808 visits/mo
0.2 miles
Steak 'n Shake
Dining
18,180 visits/mo
0.2 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
Questions? Ask Rey
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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 South George Nigh Expressway McAlester, OK.
What is the asking price?
The asking price for this property is $2,370,000.
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
