5900 May Ave Oklahoma City, OK 73112-4277

Property Details for 5900 May Ave

Year built

1963

Construction

WOOD FRAME

Lot size

0.45 lot acres

Property size

2,236 SF

Property type

Commercial land

APN

11-455-4020

APU

114554020

Description

This exceptional investment opportunity presents a brand-new, 950-square-foot Dutch Bros Coffee located in Oklahoma City, Oklahoma. Situated on a high-traffic retail corridor (N May Ave) with over 25,000 vehicles per day, this Class A property boasts a 15-year absolute NNN lease commencing April 4, 2023, and expiring March 31, 2038, leaving 13.4 years remaining. The lease includes four, 5-year renewal options with a 10% rent increase every five years, ensuring consistent income growth. The property sits on a 21,641-square-foot lot and benefits from a corporate ground lease, eliminating landlord responsibilities. With 100% occupancy and a strong NOI of $105,000, this stabilized investment offers a compelling 5.60% cap rate and an asking price of $1,875,000. This is a rare chance to acquire a high-performing asset backed by a rapidly expanding, billion-dollar brand. The property was built in 2023 and represents a secure, low-maintenance investment with significant long-term potential. The single-tenant structure minimizes management complexities, while the robust lease terms provide financial stability and predictable returns. This is an ideal addition to any diversified investment portfolio seeking strong cash flow and appreciation.