Property Name

7-Eleven - Oklahoma City, OK (Reno & Meridian)

GLA 4,716 SF

Property Description

SHOP Companies is pleased to offer for sale the fee simple interest in a brand-new, 4,716 SF single-tenant 7-Eleven convenience store gas station located in Oklahoma City, OK. The property is located at a signalized hard corner on approximately 1.80 acres at the southeast corner of the intersection of Reno Avenue (20,062 VPD) and Meridian Avenue (29,547 VPD). The asset is offered subject to a corporate 15-year absolute NNN lease with 7.5% bumps every five years commencing in Q3 2023.

The subject site is located in central Oklahoma City just off I-40, the dominant east-west, transcontinental interstate highway, and is surrounded by dense retail and industrial development. The site is less than one mile from Westgate Marketplace, a major power center home to Walmart Supercenter, Home Depot, Hobby Lobby, Best Buy, Petsmart, Office Depot, Ross, and more. Other national tenants in the trade area include Sam’s Club, Floor & Décor, At Home, Harbor Freight, and various QSR and fast-casual dining options. Industrial development in the area includes Will Rogers Industrial Park (125 acres), Manwell Acres (300+ acres), and several distribution headquarters.