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Taco Casa 5225 N May Ave 3,359 SF Retail Building Oklahoma City, OK 73112 $2,400,000 ($714.50/SF) 5.83% Cap Rate
EXECUTIVE SUMMARY
Robinson Park LLC is pleased to offer for sale a newly constructed 3,350 square foot, freestanding Taco Casa at 5225 N May Ave., Oklahoma City, Oklahoma 73122 (the “Property”). The Property is situated on approx. 0.99 acre of land with exceptional access and visibility, at a hard corner of a fully signalized intersection directly across the street from Target. This offering features a twenty (20) year absolute net Ground Lease from Taco Casa, providing long-term stable cash flow with zero Landlord responsibilities. The investment opportunity offers a current Net Operating Income (NOI) of $140,000 per year.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,359 SF
Building Class
B
Year Built
2024
Price
$2,400,000
Price Per SF
$714.50
Cap Rate
5.83%
NOI
$139,920
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.91 AC
Zoning
C-3 - Community Commercial
AMENITIES
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 133684600 | Improvements Assessment | $0 |
| Land Assessment | $45,705 | Total Assessment | $45,705 |
PROPERTY TAXES
Parcel Number
133684600
Land Assessment
$45,705
Improvements Assessment
$0
Total Assessment
$45,705
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