Property summary
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
VerifiedCap rate & NOI
Location
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.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight