Frosted Mug Bar and Grill

1800 South Meridian Avenue, Oklahoma City, OK 73108

  • For Sale $2,685,000
  • Property Type Retail - Street Retail
  • Property Size 6,344 SF
  • Units 1
  • Lot Size 1.72 Acre
  • Additional Rent Contact for pricing
  • Year Built 1999
  • Date Updated Oct 24, 2024
This thriving restaurant is located in a highly sought-after trade area. With over 25,000 vehicles passing by daily (VPD), this location offers excellent visibility and pylon signage along the heavily trafficked stretch of S. Meridian, ensuring maximum exposure. Situated just north of Will Rogers Airport, this prime location attracts a diverse range of visitors, including business travelers and tourists. Moreover, the surrounding businesses consist of renowned hotels, national credit retailers, and other dining establishments.Situated at 1800 S Meridian Ave in Oklahoma City, OK, The Frosted Mug Bar and Grill presents a highly desirable investment proposition. This prime establishment, strategically located at the intersection of SW 15th and S Meridian, offers excellent visibility and exposure along the bustling S Meridian corridor. Spanning an impressive 6,344 square feet, this establishment is housed within a well-appointed building situated on a sprawling 1.72-acre lot. The property's size and prominent location make it an enticing investment for discerning buyers seeking a lucrative addition to their portfolio. Operating successfully for over 12 years, The Frosted Mug Bar and Grill boasts a solid track record and a strong operator at the helm. With an annual rent of $192,000 and option term rental increases of 12%, this investment promises attractive returns and the potential for further growth. The lease structure is NNN, placing the responsibility for structural maintenance, roof repairs, parking lot upkeep, HVAC, and plumbing on the tenant. This arrangement ensures minimal management obligations for the investor, offering a truly hassle-free investment opportunity. Moreover, The Frosted Mug Bar and Grill has demonstrated its profitability, with impressive revenue exceeding $2 million in 2022. This established success serves as a testament to the viability and enduring appeal of this thriving establishment.

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Highlights

  • Property: The Frosted Mug Bar and Grill
  • Location: 1800 S Meridian Ave, Oklahoma City, OK
  • Building Size: 6,344 square feet
  • Lot Size: 1.72 acres
  • Lease Type: NNN (Triple Net Lease)
  • Annual Rent: $192,000
  • Annual Rent increase to $215,040 in Nov 2025
  • Lease Structure: Option term rental increases of 12%
  • Operator: Strong operator with over 12 years of successful operation
  • Revenue: Revenue exceeding $2 million annually

Contacts

broker

George Williams

Price Edwards & Company

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent
  • Transit Score ®

    25/100 Some Transit
  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Oklahoma City, OK
  • Neighborhood Boeking Acres
  • Zip Code 73108
  • Market Oklahoma City

Points of Interest

  • Will Rogers World Airport Taxi Staging

    2.74 miles

  • Myriad Gardens

    4.77 miles

  • Library

    4.83 miles

  • Scissortail Park

    4.85 miles

  • Transit Center

    4.90 miles

  • Dewey Avenue

    4.95 miles

  • Arena

    4.97 miles

  • Business District

    4.99 miles

  • Century Center

    5.00 miles

  • Memorial Museum

    5.07 miles

  • Phillips 66

    0.71 miles

  • 7-Eleven

    0.72 miles

  • Phillips Gas

    0.73 miles

  • Breaktime Shell

    2.48 miles

  • Penley Oil

    2.60 miles

  • Roadway Ventures

    2.73 miles

  • CNG

    2.77 miles

  • F M Food Mart Shell

    2.92 miles

  • E & T Automotive

    2.98 miles

  • Star Food Mart Gas and Grocery

    2.99 miles

  • Hurricane Harbor

    1.31 miles

  • Parking Garage

    2.37 miles

  • Remote Shuttle Parking #1

    2.86 miles

  • Cell Phone Lot

    2.99 miles

  • Hotel Parking

    3.01 miles

  • Long Term Parking #2

    3.13 miles

  • Semi-Covered Parking #3

    3.35 miles

  • Garage C

    3.37 miles

  • Employee Parking

    3.40 miles

  • Golden Palace

    0.17 miles

  • Whataburger

    0.42 miles

  • Arby's

    0.44 miles

  • Taco Bueno

    0.46 miles

  • Mackie McNear's Steakhouse

    0.51 miles

  • Domino's

    0.72 miles

  • Pickle's Express

    0.73 miles

  • Cracker Barrel

    0.87 miles

  • McDonald's

    1.19 miles

  • Shiki

    1.22 miles

  • Walmart Supercenter

    1.69 miles

  • Westwood Grocery

    3.19 miles

  • El Mariachi Supermercado

    3.23 miles

  • Aldi

    3.45 miles

  • Walmart Neighborhood Market

    4.19 miles

  • Eleys Foods

    4.28 miles

  • Shepherd Mall

    4.34 miles

  • Sears

    4.35 miles

  • DeVille

    4.44 miles

  • Buy For Less

    4.45 miles

Frequently Asked Questions

How much does Frosted Mug Bar and Grill cost?

The space currently listed for sale at Frosted Mug Bar and Grill asks for $2,685,000.

What is the total square footage of Frosted Mug Bar and Grill?

Frosted Mug Bar and Grill totals 6,344 square feet.

When was this property built?

Frosted Mug Bar and Grill was built in 1999.

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Contact Listing Broker

broker

George Williams

Price Edwards & Company