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Available For Sale - Retail

6,734 SF | Show Pricing $

AVAILABILITY DETAILS

Size
6,734 SF
Price/SF
Show Pricing $
Listing ID
SA437526
Notes
Investment opportunity to purchase the Ted's Cafe Escondido restaurant located in North Edmond. This offering features an absolute triple net lease (NNN), running through 7/31/2029 with a 9% rent increase on 7/31/2025. The lease has 3 renewal options, each a 5 year term with 9% rent increases. Tenant has been at this location for nearly 20 years.



Tenant:

Ted's Escondido started in Oklahoma City and today has 14 locations across Oklahoma, Kansas and Missouri. Ted's is operated by the well know Hal Smith Restaurant Group (halsmith.com) and managed by the private equity firm, The Beekman Group (thebeekmangroup.com) also the majority owner.



Ted's is a full-service Mexican causal dining restaurant chain. The Company has built a loyal customer following based on its food quality, an exceptional guest experience, an outstanding value proposition and by living up to the Company's slogan, "The Way Mexican Food Should Be."

Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Paul Swales, Fleske Commercial Group