Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4605 Kickapoo Ave Shawnee, OK 74804

    For Sale
    $2,685,000

    Shawnee, OK: NNN Leased Restaurant

    Property size:
    3,968 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a 3,968 square foot McAlister's Deli in Shawnee, Oklahoma. The property, built in 2008, is situated on North Kickapoo Avenue, boasting high visibility and convenient access to I-40. Leased to the Saxton Group, the largest McAlister's Deli franchisee with over 80 locations, this single-tenant, net-lease property offers a secure investment with a long-term lease. The 20-year lease commenced January 1, 2021, and includes two five-year options, leaving 16.1 years remaining on the initial term. The lease is an absolute NNN, meaning the tenant is responsible for all taxes, insurance, and maintenance, including the roof, structure, and parking lot. Scheduled rental increases provide consistent income growth. The property benefits from a strong location near Saint Anthony Hospital Shawnee, Oklahoma Baptist University, the Heart of Oklahoma Exposition Center, and numerous national retailers, including proximity to Shawnee Mall. The current annual net operating income (NOI) is $141,000, resulting in a 5.5% cap rate (effective 12/31/2025

    Property Features for 4605 Kickapoo Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,968 SF

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1

    HighLights

    • 3,968 SF McAlister's Deli in Shawnee, OK, built in 2008.
    • Leased to Saxton Group, the largest McAlister's franchisee, with over 80 locations.
    • Absolute NNN lease; tenant responsible for all taxes, insurance, and maintenance.
    • 17 years remaining on the 20‑year initial lease term, plus two 5‑year options.
    • High‑visibility location on North Kickapoo Ave, with convenient access to I‑40.
    • Strong location near Saint Anthony Hospital, Oklahoma Baptist University, and the Heart of Oklahoma Exposition Center, plus proximity to Shawnee Mall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Pottawatomie
    State
    Oklahoma
    Longitude
    -96.929727691015
    Latitude
    35.377331140706

    Nearby Similar for Sale

    • $599,000
      9,657 SF

      Downtown Shawnee Office Building For Sale

      High-visibility commercial building in downtown Shawnee with flexible office space.
      123 W Highland St, Shawnee, OK 74801
      View Details
    • New
      $249,000

      Renovated Office Buildings on Bethel

      Three renovated office buildings suitable for various business uses.
      17105 Bethel Rd, Shawnee, OK 74801
      View Details
    • Contact for pricing
      4,085 SF

      Freestanding Retail Building in Shawnee

      Commercial building with high visibility on Harrison Street, available 2026.
      1602 N Harrison Ave, Shawnee, OK 74804
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space on Harrison Street

      High-visibility retail space available on Harrison Street in Shawnee, OK.
      1610 N Harrison St, Shawnee, OK 74804
      View Details
    • $399,900
      2,814 SF

      Remodeled Office Building in Shawnee

      Remodeled office building with flexible spaces and convenient access.
      20 E Dunloup St, Shawnee, OK 74804
      View Details
    • $385,000
      14,000 SF

      Spacious Commercial Building in Shawnee

      14,000 sq ft commercial building in the heart of Shawnee.
      507 E Main St, Shawnee, OK 74801
      View Details

    FAQs

    What type of property is this?
    Restaurant - Shawnee, OK: NNN Leased Restaurant
    Where is this restaurant located?
    The property is located at 4605 Kickapoo Ave Shawnee, OK.
    What is the asking price?
    The asking price for this property is $2,685,000.
    What are key features of this property?
    This property features: 3,968 SF McAlister's Deli in Shawnee, OK, built in 2008.; Leased to Saxton Group, the largest McAlister's franchisee, with over 80 locations.; Absolute NNN lease; tenant responsible for all taxes, insurance, and maintenance.
    Request Owner's contact information
    4605 Kickapoo Ave Shawnee, OK 74804
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4605 Kickapoo Ave
    Shawnee, OK 74804
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4605 Kickapoo Ave Shawnee, OK 74804
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.