500 E Kenosha St - Fast Food FOR SALE


Broken Arrow, OK 74012- Downtown Broken Arrow
$5,033,000 USD
214-643-6097
500 E Kenosha St, Broken Arrow, OK for Sale
$5,033,000 USD
Fast Food - FOR SALE
1/16
null | 7.25% Cap Rate

500 E Kenosha St
Broken Arrow, OK 74012
Downtown Broken Arrow


HIGHLIGHTS

  • LONG TERM ABSOLUTE NNN LEASE - 14 years remaining on initial 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years!
  • CORPORATE GUARANTY - As of June 2024, Hawaiian Bros owns & franchises more than 56 restaurants serving the Aloha Spirit in nine states across America
  • LARGE PARCEL | TRAFFIC COUNTS - 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

(Building & Land) Fee Simple In Association with Designated Broker: Brian Brockman – Broker License #: 177814 Bang Realty, Inc bor@bangrealty.com 513-898-1551

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 (CORP LEASE) – 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.