Frosted Mug Bar and Grill

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.