4848 N May Ave
Oklahoma City, OK 73112
Einstein Bros. Bagels - Oklahoma City, OK · Retail Property For Sale

SHOP Companies is pleased to exclusively offer for sale a newly developed, single-tenant Einstein Bros. Bagels located at Mayfair, one of Oklahoma City’s most desirable retail destinations. Scheduled for completion in October 2025, the asset features a brand-new 10-year absolute net lease with no landlord responsibilities, featuring two (2), five-year renewal options and rent increases of 15% every five years throughout the initial term and all options. This offering provides investors with a low barrier to entry to acquiring a newly built, Class-A QSR asset with income backed by Panera Brands, the nation’s largest bagel and bakery café operator ($587 Million Revenue 2023).
The site is well-positioned on N. May Avenue, a highly-trafficked north-south arterial (22,157 VPD), just south of the signalized intersection of NW 50th & May Avenue, which sees over 53k VPD combined. The trade area is bounded by some of the most heavily trafficked highways in the city, including Northwest Expressway (38,440 VPD), I-44 (95,357 VPD), and Lake Hefner Parkway (116,532 VPD). The trade area is one of Oklahoma City’s densest, with over 101,000 residents within a 3-mile radius, with average household earnings of $84,000. The daytime population within a 5-mile radius exceeds 356,000, and the property sits less than one mile from INTEGRIS Baptist Medical Center, one of Oklahoma’s largest hospitals, with 9,000 employees and 508 hospital beds. In terms of customer visits, Mayfair ranks in the 96th Percentile Nationwide, 98th Percentile in Oklahoma (5th best of 214 centers), and 97th Percentile in the Oklahoma City Metro Area (3rd best of 81 centers) in total visits, according to Placer.AI.
Mayfair, one of Oklahoma City’s first open-air neighborhood shopping centers and boasting a 75-year history as one of the city’s premier retail destinations, is experiencing a dramatic revitalization following the shopping center's redevelopment in 2023. The area’s resurgence has been pronounced, as evidenced by the wave of national QSR users who have located at Mayfair since the project began, including Starbucks, Five Guys, HTeaO, and Panda Express. Other national retailers within a 1-mile radius include Target, Sam’s Club, Home Depot, Lowe's, Aldi, CVS, and Walgreens, among others.