Taco Casa - Oklahoma City, OK
Retail | 6.50% CAP | 3,765 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 Oklahoma City, Oklahoma (the “Property”). The Property is subject to a new 20-year lease featuring 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 located at the southwest corner of North Rockwell Avenue and Memorial Road / John Kilpatrick Turnpike (47,000 VPD), one of the fastest-growing retail corridors in the Oklahoma City metro. The intersection is emerging as a dominant regional retail corridor anchored by a new Walmart Supercenter currently under construction directly across the intersection. Taco Casa is positioned alongside best-in-class national retailers, including Chick-fil-A, Wendy’s, Take 5 Oil Change, 7-Eleven, and a newly announced 7 Brew Coffee, further reinforcing traffic density.
The Rockwell interchange serves as a primary access point between Oklahoma City, Edmond (96,000+ residents), and Yukon (25,000+ residents), with the John Kilpatrick Turnpike functioning as a critical commuter loop connecting the north and west portions of the metro. The surrounding trade area is affluent, with average household incomes exceeding $126,000 within a three-mile radius.
The Property also benefits from proximity to several major employment drivers. Paycom’s corporate campus, one of Oklahoma City’s largest employers, is located immediately northwest of the intersection, with more than 2,100 employees currently on site and over 100 acres available for future expansion. Additional nearby employment anchors include Francis Tuttle Technology Center’s 80-acre Rockwell campus, Mercy Hospital Oklahoma City (4,300+ employees), and Oklahoma Heart Hospital (2,500+ employees), contributing to a daytime population exceeding 52,000 employees and residents within three miles.
Investment highlights
New Construction Absolute NNN Lease
2026 build (±3,765 SF) on approximately ±1.40 acres
20-year absolute NNN lease with zero landlord responsibilities
10% rent increases every five years
Positioned Within Walmart-Anchored Retail Corridor
Located at N Rockwell Avenue and Memorial Road / John Kilpatrick Turnpike (47,000 VPD)
Walmart Supercenter under construction directly across the intersection
Adjacent to Chick-fil-A, Wendy’s, Take 5 Oil Change, 7-Eleven, and 7 Brew
Affluent Demographics and Employment Drivers
$126K+ average household income within three miles
52,000+ daytime population within three miles
Near Paycom campus, Mercy Hospital, and Oklahoma Heart Hospital
Top-Performing Multi-Unit Franchisee
Expanding to nine Oklahoma locations by Q2 2026
Multiple stores rank among Taco Casa’s Top 10 systemwide
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