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30048858
30048859

2342 E Kenosha St, Broken Arrow, OK 74012

WL
OK OK 156466
SHOP Companies
SHOP Companies
Listed by SHOP Companies
$3,693,000
85 days on market
Updated 20 days ago

Taco Casa - Broken Arrow, OK

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,306
Net Rentable (SqFt) 3,306
Units 1
Cap Rate 6.75%
NOI $249,250
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell, Del Taco (+2)
Lease Type Absolute NNN
Lease Term 20
Rent Bumps Yes
Lease Options Four (4), 5-Year Options
Price per SqFt $1,117
Broker Co-Op Yes
Year Built 2026
Buildings 1
Stories 1
Acreage 0.900
Investment Type Net Lease
Ground Lease No

Retail | 6.75% CAP | 3,306 SqFt

Marketing description

SHOP Companies is pleased to offer qualified investors the opportunity to acquire a newly constructed (2026) absolute NNN-leased Taco Casa located in Broken Arrow, Oklahoma (the “Property”). The Property features dual drive-thru lanes and is subject to a new 20-year lease. The lease includes 10% rental increases every five years throughout the base term and option periods, and a full personal guarantee from the operator for the duration of the lease. The operator is one of Taco Casa's most successful franchisees, with several stores ranking in the chain's Top 10 performers.

The Property is strategically positioned immediately adjacent to the new Adams Creek Town Center, a ±22-acre regional retail development currently under construction that is expected to become one of Broken Arrow’s dominant shopping destinations. Planned tenants include Burlington, Five Below, Books-A-Million, Shoe Dept. Encore, Pet Supplies Plus, Bealls Outlet, Burkes Outlet, Goldfish Swim School, and additional national retailers, creating a significant new retail draw for the surrounding trade area. The Property also benefits from immediate proximity to an established regional retail corridor anchored by Target, Lowe’s (top 1% nationwide per Placer.ai), and Cinemark, further reinforcing consumer traffic and retail synergy.

Broken Arrow is the fourth-largest city in Oklahoma, with a population exceeding 122,000 residents, and is widely recognized as one of the fastest-growing and most affluent suburbs within the Tulsa metropolitan area. The Property is located near U.S. Highway 51 / Broken Arrow Expressway (43,000+ VPD), a primary commuter corridor connecting Broken Arrow to Tulsa and surrounding suburban communities, including Bixby, Jenks, and Owasso. The surrounding trade area is affluent, with average household incomes exceeding $97,000 within three miles and more than $106,000 within five miles.

The Property also benefits from strong local employment and daytime population drivers, with more than 49,600 employees and residents within a three-mile radius. Broken Arrow High School, the largest high school in Oklahoma with approximately 4,600 students, is located just over one mile north of the site. The Property is approximately 20 minutes from downtown Tulsa, Oklahoma’s second-largest city, further expanding the regional consumer base.

Investment highlights

  • New Construction Taco Casa with Dual Drive-Thru Lanes

    • 2026 build (±3,306 SF) on ±0.90 acres

    • 20-year absolute NNN lease with zero landlord responsibilities

    • Full personal guarantee

    • 10% rent increases every five years

  • Adjacent to Adams Creek Town Center

    • Outparcel to Adam's Creek Town Center, a new ±22-acre retail development under construction

    • Near Target, Lowe’s (top 1% nationwide per Placer.ai), and Cinemark

    • Positioned to become Broken Arrow’s dominant retail destination

  • Affluent and Dense Trade Area

    • $97K+ average household income within three miles

    • 49,600+ daytime population within three miles

  • High-Growth Tulsa Suburb with Strong Access

    • Located along US Highway 51 / Broken Arrow Expressway (43,000+ VPD)

    • Broken Arrow population exceeds 122,000

    • Approximately 20 minutes from downtown Tulsa

  • Top-Performing Multi-Unit Franchisee

    • Expanding to nine Oklahoma locations by Q2 2026

    • Multiple stores rank among Taco Casa’s Top 10 systemwide

Listing Contacts

WL
OK OK 156466
SHOP Companies
SHOP Companies
Listed by SHOP Companies

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$249,250.00
$20,770.83/mo

Valuation Metrics

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DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Will Lightfoot
License
OK 156466
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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