12444 NW 10th St
Yukon, OK 73099
Cheddar's: Yukon, OK · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 1.83-acre parcel ground leased to Cheddar’s Scratch Kitchen in Oklahoma City, Oklahoma (MSA Population: 1,373,211). Located 207 miles north of Dallas Fort Worth and 106 miles southwest of Tulsa, the Oklahoma City area features a strong economic climate anchored by manufacturing and logistics. Cheddar’s Scratch Kitchen’s 15-year ground lease features 10% rent increases every 5 years during the initial term and in each of the four 5-year renewal options. The property is ideally located with superior visibility from Northwest 10th Street (Traffic Count: 9,080 VPD) and Highway 40 (Traffic Count: 66,300 VPD). Cheddar’s Scratch Kitchen is situated as an outparcel to the 180,000-square-foot, $50 million Market at Czech Hall, which is anchored by Academy Sports and Outdoors, Ross, Marshalls, and Ulta and also occupied by LongHorn (adjacent parcel - just approved), Five Below, Petco, GNC, The UPS Store, All About Cha, Pearle Vision, Iron Chef, Avalon Nails, Mathnasium, Summer Dental, Sleep Inn, Arby’s and Hooters. Cheddar’s Scratch Kitchen is also positioned within a robust Oklahoma City retail and commercial corridor with 3.3 MSF of retail, 785,000 sq. ft. of office and 3,306 multifamily units within a 3-mile radius. Other major retailers within the immediate vicinity include Lowe’s, Target, Chick-fil-A, Dairy Queen, Starbucks, AMC, Marshall’s, Lowe’s, Kohl’s, Chase, Big Lots, Hobby Lobby, Staples, Petsmart and Ford among several others. The property benefits from a built-in customer base due to its proximate location to the 76 bed Integris Canadian Valley Hospital, various school systems having over 7,500 students within a 2.5-mile radius, Will Rogers World Airport and Clarence E. Page Municipal Airport. The area further benefits from dynamic demographics with a population of approximately 47,000 and an average household income of $77,000 within a 3-mile radius.