This property has sold.

Details: Retail

Asking Price: $2,653,000

Asking Cap Rate: 6.25%

SOLD – Zaxby’s – Oklahoma City

12215 North Rockwell Avenue, Oklahoma City, OK


Opportunity to purchase a new construction Single Tenant Net Leased Zaxby’s with drive-thru in Yukon, OK (Oklahoma City). Zaxby’s is operated by one of the brands largest and most successful franchisees in the country with over 15 locations currently open in GA and OK and an additional 23 in development. Zaxby’s has signed a new 20 year lease with 10% bumps every 5 years. Zaxby’s is located on Garth Brooks Blvd (22,812 ADT) just off Interstate 40 (57,702 ADT) and is an outparcel to a corporately owned Lowe’s Home Improvement Store with a 300,000 SF Target power center and regional hospital both across the street. Population growth in the area has been booming over the past 10 years and is estimated to grow by more than 12% over the next 5 years.


  • Located in a high growth submarket of Oklahoma City (12% growth Rate)
  • Outparcel to corporately owned Lowes Home Improvement
  • Other area retailers include Target, Hobby Lobby, Walmart Supercenter, ALDI, AMC Theatres, and Kohl’s
  • Regional Hospital located across the street
  • Close proximity to over 8 area schools
  • Easy access to Interstate 40
  • Great Visibility and Access

This property has sold.