Investment Highlights
Irreplaceable location in dense retail trade area - adjacent to Walgreens and destination retailers
Brand New Class A Construction
20 year initial lease term with (4) 5-year options to renew
Executive Summary
CBRE, Inc. is pleased to exclusively offer a single-tenant, new construction Salad and Go located in Jenks, Oklahoma (Tulsa MSA). The offering is inclusive of an absolute triple-net ground lease with 20 years on the lease term plus four 5-year renewal options. The lease is corporately secured by Salad and Go.Salad and Go is a rapidly growing company with over 113 locations and plans to grow exponentially over the next few years. Charlie Morrison, the former Wingstop CEO, joined the company in March 2022 as the new Chief Executive Officer.Property improvements include a 813 square foot free standing retail building constructed exclusively for Salad and Go. Construction was completed in 2023, concurrent with the tenant?s rent commencement. Located in Jenks, Oklahoma, a suburb of Tulsa, Oklahoma, the property is adjacent to infill residential neighborhoods and benefits from complimentary regional retail draws. The location benefits from a hard corner signalized intersection, high barriers to entry and convenient access along two of the main traffic arteries in Jenks, W Main Street and N Elm Street.Salad and Go is being offered free and clear of existing debt on an ?As-Is/Where Is? basis.
