Imhoff Commercial is pleased to present the exclusive listing for a McAlister's Deli property located at 4605 N Kickapoo Ave, Shawnee, OK 74804. The site consists of roughly 3,968 rentable square feet of building space on a 1.1-acre parcel of land. This McAlister's Deli is subject to a 20-year Absolute Triple Net (NNN) lease, which commenced 1/1/2021. The current annual rent is $148,000 and has scheduled increases of 5% every 5 years.

• Leased to The Saxton Group, the largest McAlister’s Deli franchisee, with over 70 McAlister’s Deli locations and $2.9 billion in sales since 1999, or over $350 million in sales annually.

• Absolute NNN with scheduled rental increases. Tenant responsible for all taxes, insurance, and maintenance including roof, structure, and parking lot.

• +/-15 years remaining on 20-year initial term, plus two five-year options.

• Immediate access to US I-40 (32,692 VPD) via North Kickapoo Avenue (16,590 VPD).

• Minutes from Saint Anthony Hospital Shawnee (102-beds, 610 employees), Oklahoma Baptist University (1,900 students), and the Heart of Oklahoma Exposition Center (8,500 seats).

• Surrounded by several national retailers and located one mile from Shawnee Mall (455,420 SF of retail space, 60 stores).