10249 41st st - Fast Food FOR SALE


Tulsa, OK 74146- Outer East Tulsa
$1,666,666 USD
720-291-0686
10249 41st st, Tulsa, OK for Sale
$1,666,666 USD
Fast Food - FOR SALE
1/2
null | 6% Cap Rate

10249 41st st
Tulsa, OK 74146
Outer East Tulsa


HIGHLIGHTS

  • Absolute NNN lease with 19 years remaining on lease term
  • Newer construction built in 2022
  • Seasoned operator with 18 Dunkin' locations in multiple states
  • Corporate guaranteed lease by Lagunita Franchise Operations
  • 7.5% increases every 5 years

OVERVIEW

This absolute net leased single-tenant Dunkin’ was developed in 2022 by Lagunita Franchise Operations, LLC, a seasoned operator and franchisee with five locations in Tulsa and 35 total Dunkin’ locations in multiple states. The property was purchased by the current owner as a “Sale Leaseback” absolute NNN investment with a 20-year term and rental increases every five years. This prototypical building includes a drive thru window, prominent signage, ample parking and a neighboring Popeye’s restaurant. The Franchisor, Inspire Brands, is a multi-brand restaurant company and the second largest in the US whose portfolio includes nearly 32,000 restaurants across more than 65 countries.

FOR SALE DETAILS

PRICE

$1,666,666 USD

PRICE/SF

$936 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin'

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

CS

APN/PARCEL ID

76165-94-19-38800

ASK ABOUT THIS PROPERTY

Cody StambaughPinnacle Real Estate AdvisorsMore Info
720-291-0686

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Cody StambaughPinnacle Real Estate AdvisorsMore Info
720-291-0686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.