Property summary
This exceptional investment opportunity presents a fee-simple ownership of a Chick-fil-A restaurant located at 1209 Tanglewood Dr, McAlester, OK 74501. Built in 2022, this 4,484 square foot property sits on a 1.24-acre lot and boasts a double drive-thru, a highly functional design element contributing to its strong performance. The property benefits from an absolute NNN lease with a remaining term of 18 years, extending to October 31, 2042, featuring thirteen 5-year options with 10% rent bumps every five years and at each option renewal. The current asking price is $5,083,000, representing a price per square foot of $1,133.59 and a 4.75% cap rate, with a current NOI of $241,440. Strategically located within McAlester's primary retail commercial hub on South George Nigh Expressway (25,700 AADT), this Chick-fil-A enjoys excellent visibility and access. It's situated as an outparcel to the Shops at McAlester, a 400,000 square foot shopping center anchored by Ross Dress for Less, Hobby Lobby, and TJ Maxx, further enhancing its prime location. This is the only Chick-fil-A within a 40+ mile radius, minimizing competition and maximizing market share. The property offers significant depreciation benefits for the investor. This is a rare opportunity to acquire a high-performing, long-term, corporate-backed Chick-fil-A investment.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant Take-out & Catering
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.