2317 S Douglas Blvd Midwest City, OK 73130

This property presents an opportunity to acquire a Zaxby's location in Midwest City, Oklahoma. The property features a newer farmhouse-style building of approximately 3,650 square feet. The location benefits from its position on a signalized corner with a traffic count exceeding 17,500 vehicles per day. Furthermore, it is situated less than 1/4 mile from Interstate 40, which experiences over 40,300 vehicles per day. The surrounding area is a busy retail corridor with national retailers including Dunkin’, Baskin Robbins, Firehouse Subs, Sonic, KFC, Whataburger, KinderCare, IBC Bank, State Farm, and Freddy’s. The property is near Tinker Air Force Base, which employs over 25,000 military and civilian personnel. The five-mile demographics show a population exceeding 110,000 and an average household income over $77,500. Zaxby's operates over 991 corporate and franchise locations in 17 states. The absolute NNN lease has over 11 years remaining on its initial 20-year term, with 10% rent increases scheduled every 5 years. The franchise operator has been in business since 2003 and operates 13 Zaxby's units in Oklahoma and Georgia. Goldman Sachs invested in the brand in 2020.