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2615 N Kickapoo Ave 3,294 SF Retail Building Shawnee, OK 74804 $750,000 ($227.69/SF) 7.33% Cap Rate
Investment Highlights
- 4 Years Remaining | Option to Extend | Scheduled Rent Increase
- Absolute NNN | Fee Simple Ownership
- Adjacent to Oklahoma Baptist University | Shawnee Regional Medical Center | Kickapoo Retail Corridor
- Strong Regional Tenant Presence
Executive Summary
Braums is an Oklahoma institution. A popular ice cream and dairy store, they also serve burgers and breakfast. This store (#35) originally opened in 1970 and fully updated in 1984 is located adjacent to Oklahoma Baptist University on the bustling Kickapoo retail corridor and also near the Shawnee Regional Medical Center.
Data Room Click Here to Access
- Lease Agreements
- Restrictive Covenant Agreement
- Property Information
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,294 SF
Building Class
B
Year Built
1986
Price
$750,000
Price Per SF
$227.69
Cap Rate
7.33%
NOI
$55,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.89 AC
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Braums
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Braums | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 234000006011000000 | Total Assessment | $21,292 |
| Land Assessment | $9,171 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $12,121 | Tax Year | 2025 |
Property Taxes
Parcel Number
234000006011000000
Land Assessment
$9,171
Improvements Assessment
$12,121
Total Assessment
$21,292
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Shawnee Corner Properties Management
2615 N Kickapoo Ave
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