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34438120

2201 West Interstate 240 Service Road, Oklahoma City, OK 73159 For Sale

CB
OK OK 155856, AZ AR #PB0082928
Northmarq Capital, LLC
Listed by Northmarq Capital, LLC
$2,250,000
4 days on market
Updated 4 days ago

Bojangles (Ground Lease)

Details
APN R113501140
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,574
Net Rentable (SqFt) 2,574
Cap Rate 5%
NOI $112,500
Tenancy Single
Brand/Tenant Bojangles
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Lease Options 5, 5-year
Year Built 2026
Acreage 1.150
Tenant Credit Corporate Guarantee
Lease Commencement 02/01/2026
Ground Lease No

New 2026 Construction | 15-Year Abs NNN Lease

Marketing description

BOJANGLES (GROUND LEASE) at 2201 W I-240 Service Road, Oklahoma City, OK 73159 presents an exceptional net-leased investment opportunity in a high-visibility Oklahoma City location. Situated within a Hobby Lobby-anchored shopping center, this offering benefits from strong retail co-tenancy, established consumer traffic, and excellent accessibility along the I-240 corridor. The property is secured by a 15-year absolute NNN ground lease with rent increases, providing investors with a passive income stream and minimal landlord responsibilities. Leased to Bojangles—one of the fastest-growing quick-service restaurant brands in the country—this asset combines the strength of a rapidly expanding tenant with the long-term stability of a structured ground lease. With its prime retail positioning, nationally recognized branding, and favorable lease structure, this opportunity is well-suited for investors seeking dependable cash flow, built-in rental growth, and durable real estate fundamentals in a growing trade area.

Investment highlights

  • One Of The Fastest-Growing QSRs
  • 15-Year Absolute NNN Lease w/ Increases
  • Brand New 2026 Construction
  • Outparcel to Hobby Lobby-Anchored Shopping Center
  • Frontage on I-240, Exposure to 120K+ VPD
  • Large Parcel With Drive-Thru & Ample Parking
  • Outstanding Demographics

Listing Contacts

CB
OK OK 155856, AZ AR #PB0082928
Northmarq Capital, LLC
Listed by Northmarq Capital, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$112,500.00
$9,375.00/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Chad Byerly
License
OK 155856
Brokerage Phone
9187949516
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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