Pickleman's Gourmet Cafe - Owasso, OK

SHOP Companies is pleased to offer for sale to qualified investors the opportunity to purchase a newly constructed (2024) absolute NNN leased Pickleman's Gourmet Cafe in Owasso, OK ("the property"). The property has over 9 years remaining on its original 10-year lease, which includes 10% rental escalations every 5 years and in each of the two, 5-year option periods.

The property is positioned within the newly developed and highly sought-after Smith Farm Village, a thriving residential and commercial hub. It is surrounded by top-performing national retailers, including Target, Walmart Supercenter (Top 10% Nationwide), Sam's Club (#2 in Oklahoma), Hobby Lobby (#1 in Oklahoma), Lowe’s, Ross (Top 5 Performer in Oklahoma), as well as QuikTrip, McDonald's, Chipotle, Five Guys, Ashley Homestore, TJ Maxx, Ulta Beauty, Old Navy, CAVA, Smoothie King, and more. Just south of the site, a new residential development, The Silo at Smith Farm, is underway, featuring a walking trail, picnic area, and playground, all within close proximity to the area's major retail destinations. To the north, across the street, development continues with a brand-new McDonald's just recently completed, and dirt work is underway for a new Chase Bank.