The Mug Kitchen & Tavern
$2,744,000
1800 S Meridian Ave, Oklahoma City, OK 73108
For Sale
Retail
Free Standing
Active
Last Updated: 06/17/2025
6,344 sqft
Building Size
1.4255 acres
Lot Area
Details:
Building Size: 6,344 sqft
Lot Area: 1.4255 acres
Occupancy: 100%
Class: B
Units: 1
Year Built: 1999
Floors: 1
Highlights:
- NNN Lease
- Strong Local Operator
- Long Term Tenant (12 years)
- 12% Increases on Renewal Options (Including one in November 2025)
- Over $3,000,000 in Annual Revenue
Description:
Being offered as a NNN investment sale, the Mug Kitchen & Tavern is located at 1800 S Meridian Ave, Oklahoma City. Being located in the S Meridian Corridor, The Mug sees high traffic from the inflow of the OKC Airport as well as the surrounding hotels. The building sits on a 1.72 AC lot with extensive parking.
Having been leased for the past 12 years by The Mug, sales have continued to grow now exceeding $3,000,000 annually. In November of 2025, The Mug annual rent will increase to $215,040 per year. The current NNN lease structure places structural maintenance, rood repairs, parking lot, HVAC, and plumbing maintenance all on the Tenant.
On S Meridian
Documents:
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Sale_Brochure.pdf |
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Location
