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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4605 Kickapoo Ave Shawnee, OK 74804

3,968 SF Built 2008
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 2008
Total area 3,968 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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