Shawnee Mall Dr Shawnee, OK 74804
- Retail properties
- 950 SF
- 0.44 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Shawnee Mall Dr
- Year built
- 2023
- Lot size
- 0.44 lot acres
- Property size
- 950 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a newly constructed (2023) Dutch Bros Coffee located in Shawnee, Oklahoma. The property boasts a 950 square foot building situated on a 0.44-acre lot within the Shawnee Mall, a 455,420 square foot regional shopping center. This prime location offers excellent visibility from Interstate 40 (48,419 AADT), a major thoroughfare connecting Shawnee to Oklahoma City. The property benefits from its proximity to other major national retailers, including Kohl's, Walmart, Lowe's, and numerous restaurants. The outparcel location next to Kohl's and Walmart Supercenter ensures significant crossover buyer traffic. The site is also conveniently located near Shawnee's auto mall. A 15-year absolute NNN lease commenced January 1, 2023, and expires December 31, 2037, with built-in 10% rent increases every five years. The property features a dedicated dual-lane drive-thru, enhancing customer convenience and sales potential. The tenant, Dutch Bros Coffee, is a rapidly expanding national brand with a strong corporate guarantee. The property's current Net Operating Income (NOI) is $101,000, yielding a 5.65% cap rate. This is a passive investment opportunity with a stable customer base of 36,098 residents within a 5-mile radius. The asking price is $1,788,000. This is a 1031 exchange eligible property.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shawnee
- County
- Pottawatomie
- State
- Oklahoma
- Longitude
- -96.9219
- Latitude
- 35.3844
