Net-Leased Fogo de Chão
13810 N Pennsylvania Ave, Oklahoma City, OK 73134
Long-term net-leased Fogo de Chão in prime retail corridor.
Type:Retail
Property size:
8,656 SFPrice / SF:
$551/SF- Added:
- Feb 5, 2026
- Days on Market:
- 96
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 13810 N Pennsylvania Ave
General Information
- Standard status
- Active
- Size
- 8,656 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2005
Listing agent Will Lightfoot License #OK 156466
Listing office SHOP Companies
Listing date Feb 5, 2026
Source Crexi
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 SHOP Companies
HighLights
- Long‑term net lease with Fogo de Chão, commencing July 2024, providing approximately 13.5 years of remaining base term and four (4), five‑year renewal options.
- Located in a high‑performing retail corridor (Memorial Road & N Pennsylvania) within Oklahoma City's most established shopping district.
- Recent $2.5 million tenant‑funded renovation, including interior upgrades, refreshed façade, and a new roof (installed January 2026) with long‑term warranties.
- Lease features 10% rent increases every five years throughout the initial term and each option period.
- Outparcel location at a signalized, hard‑corner to Memorial Square, a top‑performing Super Target‑anchored power center.
- Corporate guaranty in place (steps down over time, see lease abstract).
Overview
This property features a long-term, net-leased Fogo de Chão restaurant located in the Memorial Road & N Pennsylvania retail corridor in Oklahoma City. The tenant operates under a 15-year lease that commenced in July 2024, providing approximately 13.5 years of remaining base term with four (4), five-year renewal options. The lease features 10% rent increases every five years throughout the initial term and each option period, with the tenant responsible for taxes, insurance, and CAM. Landlord duties are limited to the roof and structural elements. The property has recently undergone a comprehensive upgrade, including more than $2.5 million in tenant investment-funded interior renovations, a refreshed façade, and a brand-new roof installed in January 2026 with long-term warranties. The property occupies a signalized, hard-corner outparcel to Memorial Square, the top-performing Super Target-anchored power center at Memorial Road and North Pennsylvania Avenue. The site benefits from visibility, traffic counts, and direct adjacency to a dense concentration of national retailers, restaurants, and the nearby Quail Springs Mall. Notable large format retailers in the trade area include Super Target, At Home, as well as Walmart, Sam’s Club, Lowe’s, and Home Depot. The corridor is also home to many restaurants, including P.F. Chang’s, B.J.’s, Longhorn Steakhouse, Chick-fil-a, McDonald’s, and Velvet Taco. Fogo de Chão is an internationally recognized, full-service Brazilian steakhouse concept known for its churrasco-style dining experience. The brand operates 85 locations across the United States and continues to expand, with 14–16 additional openings planned for 2026.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Memorial Square
Park
NASCAR Wings
Restaurant
Fogo de Chão ...
Restaurant
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.5488642
- Latitude
- 35.6112861
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Long-term net-leased Fogo de Chão in prime retail corridor.
Where is this conventional restaurant located?
The property is located at 13810 N Pennsylvania Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $4,773,000.
What are key features of this property?
This property features: Long‑term net lease with Fogo de Chão, commencing July 2024, providing approximately 13.5 years of remaining base term and four (4), five‑year renewal options.; Located in a high‑performing retail corridor (Memorial Road & N Pennsylvania) within Oklahoma City's most established shopping district.; Recent $2.5 million tenant‑funded renovation, including interior upgrades, refreshed façade, and a new roof (installed January 2026) with long‑term warranties.
