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    1501 S Council Rd Oklahoma City, OK 73127

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    For Sale
    $7,657,000

    New construction 7-Eleven on 5.158+/- acre site.

    Property size:
    4,732 SF
    Lot size:
    4.08 Acres

    Property Features for 1501 S Council Rd

    General Information

    Size
    4,732 SF
    Lot size
    4.08 Acres

    Source: Secure Net Lease - Dallas Agent Edward "Ed" Benton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New 7-Eleven NNN Lease

    Under construction, this property features a 4,732+/- square foot building on a 5.158+/- acre site. It is subject to a new 15-year absolute NNN corporate lease with 10% rental increases every 5 years. The property is a large format 7-Eleven. Situated at S. Council Rd. and SW 15th St., the location benefits from traffic of 12,500+ vehicles per day. It is located close to Integris Southwest Medical Center (406 Beds) and Will Rogers World Airport (4 Million Passengers Annually). 7-Eleven (S&P Rated A) is the largest chain store operator in the world. The property is located in Oklahoma City.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.654372
    Latitude
    35.483745

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    FAQs

    What type of property is this?
    Grocery and convenience store - New construction 7-Eleven on 5.158+/- acre site.
    Where is this grocery and convenience store located?
    The property is located at 1501 S Council Rd Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $7,657,000.
    What are key features of this property?
    This property features: - New 15-Year Absolute NNN Corporate Lease with 10% Rental Increases Every 5 Years; - Brand New 2025 Construction Large Format 7-Eleven; - 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
    (713) 222-2111
    Request Owner's contact information
    1501 S Council Rd Oklahoma City, OK 73127
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    Oklahoma City, OK 73127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 S Council Rd Oklahoma City, OK 73127
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