2500 S Country Club Rd
El Reno, OK 73036
Retail Property For Sale

Blackstone Commercial Property Advisors is pleased to present the exclusive opportunity to acquire a freestanding Burger King with drive-thru on a dedicated pad site along S Country Club Road — El Reno's primary north-south retail artery. The property is leased to Switchgrass-VI, LLC, a multi-unit Burger King franchisee, under an absolute triple net (NNN) lease requiring zero landlord involvement. Priced at a 7.10% cap rate on $159,736 of in-place NOI, this offering delivers a meaningful yield premium relative to long-term corporate-guaranteed QSR net lease comps, which typically trade between 5.00% and 5.75%. The premium compensates the buyer for approximately 2.5 years of remaining primary term — but is offset by four (4) 5-year renewal options (20 years of contractual extension rights) and exceptional underlying real estate fundamentals that support competitive re-tenanting in the event of non-renewal. Three paths to outcome: (1) Base Case — tenant renews in 2028, locking in 1.25% annual escalations and supporting cap rate compression on resale. (2) Upside Case — re-tenant the Walmart-adjacent drive-thru pad at market to operators such as Taco Bell, Chick-fil-A, Starbucks, Dunkin', Raising Cane's, or Panda Express. (3) Value-Add Case — reposition for service retail, medical, or coffee/beverage, or redevelop entirely. Location: El Reno is the Canadian County seat and primary commercial hub for western OKC's suburban growth corridor, ~25 miles west of downtown OKC at the crossroads of Interstate 40 and historic Route 66 (US-81). Canadian County is among Oklahoma's fastest-growing counties. Lease Summary — Tenant: Switchgrass-VI, LLC (Multi-Unit Burger King Franchisee). Franchisor: Burger King Corp. (Restaurant Brands International — NYSE: QSR). Lease: Absolute NNN. Primary Term Expiration: July 31, 2028. Renewals: Four (4) × 5 Years. Annual Escalations: 1.25%. Current Monthly Rent: $13,311. Current Annual Rent: $159,736. Landlord Responsibilities: None. Exclusively listed by David Bohanon (405.850.0987 | dbohanon@blackstonecom.com) and Luther Andrew Bohanon (405.365.4824 | andrew.bohanon@blackstonecom.com). All inquiries and property tours scheduled through the listing team — please do not contact the tenant or disturb operations at the property.