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New 7-Eleven NNN Lease
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1501 S Council Rd, Oklahoma City, OK

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

Property Size4,732 SF
Lot Size4.08 Acres
Price / SF$1,618
Days on Market593

Property Features for 1501 S Council Rd

General Information

Standard status Active
Size 4,732 SF
Lot size 4.08 Acres
Property subtype RETAIL
Listing Agency: Secure Net Lease - Dallas
Listed By: Edward "Ed" Benton · License #557247
Source: Moodyscre
Added: Dec 16, 2024 Changed: Jul 10 Last Checked: Jul 21 at 5:52AM

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 Secure Net Lease - Dallas

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Restaurant

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

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby
265k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 52% Dining 42% Shops & Services 5% Home Improvements & Furnishings 1%
McDonald's Dining
24,317 visits/mo 0.2 miles
Whataburger Dining
22,700 visits/mo 0.2 miles
Braum's Ice Cream & Dairy Stores Dining
19,022 visits/mo 0.1 miles
Gap Apparel
17,756 visits/mo 0.3 miles
Tommy Hilfiger Apparel
17,359 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Oklahoma City, OK

9.1% 2019
7.8% 2020
8.4% 2021
8.1% 2022
7.7% 2023
7.4% 2024
8% 2025
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Frequently Asked Questions

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 Call to check price and availability
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