Zaxby's NNN Lease Investment Opportunity | 6.7% Cap Rate | Midwest City, OK

For Sale

2317 S Douglas Blvd, Midwest City, OK 73130

This Midwest City property for sale is located at 2317 S Douglas Blvd. The current listed sale price for Zaxby's NNN Lease Investment Opportunity | 6.7% Cap Rate | Midwest City, OK is $2,338,687. Zaxby's NNN Lease Investment Opportunity | 6.7% Cap Rate | Midwest City, OK is situated on a lot that is 0.9 acre in size.

Contacts

broker
Nancy Miller, CCIM, MBA

Bull Realty

Property Details

  • Property Type Retail - Restaurant
  • Property Size 3,650 SF
  • Lot Size 0.9 Acre
  • Year Built 2017
  • Date Updated May 28, 2025
This property is located in Midwest, Oklahoma.This absolute NNN Zaxby’s, a top 50 national QSR brand, has 11 1/2+ years remaining on an absolute NNN lease. Located in Midwest City (Oklahoma City MSA) this attractive +/- 3650 SF location is at a signalized corner with over 17,500 VPD and less than 1/4 mile from Interstate 40 with over 40,300 VPD. This busy retail corridor features several national retailers including Dunkin’ Donuts, Baskin Robbins, Firehouse Subs, Sonic, KFC, Whataburger, KinderCare, IBC Bank, State Farm, Freddy’s, and more. Nearby Tinker Air Force Base, with more than 25,000 military and civilian employees, is the largest single-site employer in the state. The Base’s economic impact on the surrounding community has been calculated at over $6.6 billion for 2023 alone. The five-mile demographics include a population over 110,000 and an average household income over $77,500. Zaxby’s, known for its creative preparation of chicken, wings and sauces, operates over 950 corporate and franchise locations nationwide. Goldman Sachs invested $2 Billion in 2020 to buy a 50% interest in the brand. The experienced Midwest City franchisee and guarantor operates 13 locations in Georgia and Oklahoma. The property is priced at $2,338,687 and a 6.7% cap rate.
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Highlights

  • Experienced Operator/Guarantor since 2003 with 13-unit Zaxby’s units.
  • Five-mile demographics include a population over 110,000 and average household income over $77,500.
  • Recent price adjustment to a 6.7% cap rate for this absolute NNN lease with over 11 1/2+ years remaining on the initial 20-year term AND 10% rent increase every 5 years.
  • Superior location at signalized intersection - over 17,500 VPD, with nearby national retailers & ¼ mile from Interstate 40 with over 40K+VPD.
  • Tinker AFB, the largest single-site employer in the state with 25,000 employees is nearby.
  • Zaxby’s - highly regarded QSR - over 950 locations nationwide with

Getting around

  • 60/100

    Walk Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Midwest City, OK
  • Neighborhood Midwest City
  • Zip Code 73130
  • Market Oklahoma City

Points of Interest

  • Adventure DistrictTrain Station

    7.42 miles

  • East Bricktown

    7.73 miles

  • Ballpark

    7.87 miles

  • Mickey Mantle

    7.93 miles

  • Santa Fe Hub

    8.05 miles

  • Bricktown

    8.05 miles

  • Oklahoma City

    8.10 miles

  • Oklahoma City Amtrak/Santa Fe Hub

    8.13 miles

  • Arena

    8.22 miles

  • Century Center

    8.26 miles

  • OnCue

    0.50 miles

  • 7-Eleven

    1.20 miles

  • OnCue Express #102

    1.95 miles

  • Shell

    1.99 miles

  • Valero

    2.43 miles

  • Alon

    2.46 miles

  • Fina

    2.66 miles

  • Conoco

    2.92 miles

  • Soldier Creek Trailhead

    0.68 miles

  • Golf Cart Parking

    5.60 miles

  • Choctaw Creek Park Horse Trails Parking

    5.92 miles

  • Choctaw Creek Park South Parking

    6.18 miles

  • Choctaw Creek Park North Parking

    6.29 miles

  • Truck Parking

    6.32 miles

  • Zaxby's

    0.00 miles

  • Sonic

    0.27 miles

  • Freddy's

    0.33 miles

  • KFC

    0.35 miles

  • Jimmy John's

    0.39 miles

  • Whataburger

    0.47 miles

  • Long John Silver's

    0.50 miles

  • A&W

    0.50 miles

  • McDonald's

    0.58 miles

  • Denny's

    0.66 miles

  • Kohl's

    1.33 miles

  • Marshalls

    1.37 miles

  • Target

    1.43 miles

  • Crest Foods

    1.66 miles

  • Walmart Neighborhood Market

    1.68 miles

  • WinCo Foods

    1.91 miles

  • ALDI

    2.29 miles

  • Ross

    2.43 miles

  • Big Lots

    2.44 miles

  • Burlington

    2.83 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Nancy Miller, CCIM, MBA

Bull Realty

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