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2338 E Kenosha St
Broken Arrow, OK 74012
Taco Casa - Broken Arrow, OK · Retail Property For Sale

Investment Highlights

  • New Construction Taco Casa with Dual Drive-Thru Lanes
  • Affluent and Dense Trade Area
  • Top-Performing Multi-Unit Franchisee
  • Adjacent to Adams Creek Town Center
  • High-Growth Tulsa Suburb with Strong Access

Executive Summary

SHOP Companies is pleased to offer qualified investors the opportunity to acquire a newly constructed (2026) absolute NNN-leased Taco Casa located in Broken Arrow, Oklahoma (the “Property”). The Property features dual drive-thru lanes and is subject to a new 20-year lease. The lease includes 10% rental increases every five years throughout the base term and option periods, and a full personal guarantee from the operator for the duration of the lease. The operator is one of Taco Casa's most successful franchisees, with several stores ranking in the chain's Top 10 performers.
The Property is strategically positioned immediately adjacent to the new Adams Creek Town Center, a ±22-acre regional retail development currently under construction that is expected to become one of Broken Arrow’s dominant shopping destinations. Planned tenants include Burlington, Five Below, Books-A-Million, Shoe Dept. Encore, Pet Supplies Plus, Bealls Outlet, Burkes Outlet, Goldfish Swim School, and additional national retailers, creating a significant new retail draw for the surrounding trade area. The Property also benefits from immediate proximity to an established regional retail corridor anchored by Target, Lowe’s (top 1% nationwide per Placer.ai), and Cinemark, further reinforcing consumer traffic and retail synergy.
Broken Arrow is the fourth-largest city in Oklahoma, with a population exceeding 122,000 residents, and is widely recognized as one of the fastest-growing and most affluent suburbs within the Tulsa metropolitan area. The Property is located near U.S. Highway 51 / Broken Arrow Expressway (43,000+ VPD), a primary commuter corridor connecting Broken Arrow to Tulsa and surrounding suburban communities, including Bixby, Jenks, and Owasso. The surrounding trade area is affluent, with average household incomes exceeding $97,000 within three miles and more than $106,000 within five miles.
The Property also benefits from strong local employment and daytime population drivers, with more than 49,600 employees and residents within a three-mile radius. Broken Arrow High School, the largest high school in Oklahoma with approximately 4,600 students, is located just over one mile north of the site. The Property is approximately 20 minutes from downtown Tulsa, Oklahoma’s second-largest city, further expanding the regional consumer base.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
3,306 SF
Building Class
B
Year Built
2026
Price
$5,023,662 CAD
Price Per SF
$1,519.56 CAD
Cap Rate
6.75%
NOI
$339,060 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.90 AC
Frontage
71’ on East Kenosha Street

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 81920-84-01-61440
  • 81920-84-01-61450
Land Assessment
$163,417 CAD
Improvements Assessment
$0 CAD
Total Assessment
$163,417 CAD
  • Listing ID: 39738417

  • Date on Market: 2026-03-11

  • Last Updated:

  • Address: 2338 E Kenosha St, Broken Arrow, OK 74012

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