Ted's Cantina Escondido
Retail | 7.70% CAP | 5,990 SqFt
Marketing description
Newmark Robinson Park is pleased to present the opportunity to acquire a fifteen
(13) year, Single Tenant Net Lease investment, occupied by Ted’s Cantina Escondido,
which is located 501 W. Albany Street, Broken Arrow, OK 74012 (“Property”). Ted’s Cantina
Escondido is a local restaurant group, with seven locations. The property was built in 2023
and is approximately 5,990 square feet.
The property is in Broken Arrow, Oklahoma, which is the fourth largest city in Oklahoma, having a population of 119,954.
The area surrounding the Property is surrounded by many national retailers, six hotels with
over 500 rooms, and the Ascension St. John Broken Arrow Hospital.
The city’s steady growth, averaging 1.3% annually between 2020 and 2024, has been fueled
by a combination of factors. The robust economy, exemplified by an average household
income of $109,817, has attracted families seeking a higher standard of living. This upward
trend is expected to continue, with projections indicating a further increase to $126,772
within the next five years.
Broken Arrow’s combination of economic success, convenient location, and a high quality of
life has solidified its position as one of Oklahoma’s most dynamic cities.
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