500 E Kenosha St - Fast Food FOR SALE


Broken Arrow, OK 74012
$5,033,000 USD
214-643-6097
500 E Kenosha St, Broken Arrow, OK for Sale
$5,033,000 USD
Fast Food - FOR SALE
1/11
null | 7.25% Cap Rate

500 E Kenosha St
Broken Arrow, OK 74012


HIGHLIGHTS

  • 14 years remaining on initial 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years!
  • As of June 2024, Hawaiian Bros owns & franchises more than 56 restaurants serving the Aloha Spirit in nine states across America
  • Positioned on a large ±1.08-acre lot on the NWC intersection with great visibility/ access on N 5th St & E Kenosha St
  • TRIPLE DRIVE-THRU CAPABILITY - Impressive double stack drive-thru with innovative additional drive-thru for mobile order pickups
  • VERY STRONG STORE PERFORMANCE | GOOGLE RATING - Rated 4.9 Stars out of 5 starts (2,041 posted reviews) on Google!
  • AFFLUENT DEMOS - 151,348 population (5-Mile) and Average Household Income of $114,958 (3 mile)

OVERVIEW

Hawaiian Bros has 14 years remaining on initial 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years! As of June 2024, Hawaiian Bros owns & franchises more than 56 restaurants serving the Aloha Spirit in nine states across America. The Asset is Positioned on a large ±1.08-acre lot on the NWC intersection with great visibility/ access on N 5th St & E Kenosha St with traffic counts of 21,368 CPD! It has an Impressive double stack drive-thru with innovative additional drive-thru for mobile order pickups! Nearby retailers Target, Walmart, Bass Pro Shops, Lowe’s, Hobby Lobby, Dick’s Sporting Goods, Ross Dress for Less, Marshalls, Maurices, Rally House, Michaels, PetSmart, Ulta Beauty, Big Lots, Atwoods, Westlake Ace Hardware, Tractor Supply Co., Harbor Freight Tools, ALDI, Sprouts Farmers Market, Reasor’s, Sutherland’s, Dollar Tree, Dollar General, Goodwill, Cinemark, and Planet Fitness. 13.5 miles from University of Tulsa - a private, doctoral degree-granting, research university offering various bachelor’s, master’s & doctoral degrees serving 3,769 students; 121/2 miles from University of Oklahoma-Tulsa - a public research university offering more than 30 degree programs with 1,127 students; 6 miles from Saint Francis Hospital - a Catholic, non-for-profit health center with 1,112 beds offering services such as labor & delivery/expectant family program, emergency/trauma center, cardiovascular surgery, joint replacement & spine center, physical medicine & rehabilitation, comprehensive stroke center, & much more.

FOR SALE DETAILS

PRICE

$5,033,000 USD

PRICE/SF

$1,258 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HAWAIIAN BROS – BROKEN ARROW, OK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

C

APN/PARCEL ID

79313-84-02-57810

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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