10207 E 41st St
Tulsa, OK 74146
Popeye's · Retail Property For Sale

Popeyes w/ Drive Thru | Abs NNN 13-Year w/ Bumps SRS National Net Lease Group is pleased to present the rare opportunity to acquire the fee simple interest (land & building) in a freestanding, absolute NNN leased, Popeyes with drive-thru located in Tulsa, OK. The site is operated by Oklahoma PLK Inc. (dba: Popeyes Louisiana Kitchen), a franchisee that operates Popeyes locations throughout Oklahoma. The lease is personally guaranteed by the principal of the franchisee operator (contact agent for details). The lease has 13.5 years remaining in the primary term and features 5% rental increases every 5 years and at the beginning of each option period. The Popeyes Louisiana Kitchen is located along East 41st Street (22,000 VPD) with excellent street visibility. The site is located near U.S. Highways 169 (103,700 VPD) and 64 (105,000 VPD) with direct on/off-ramp access. The restaurant is half a mile away from Crossbow Shopping Center with Reasor' s supermarket as an anchor. There are over 219,546 residents with an average household income of $63,800 within 5 miles of the subject property. Additionally there are over 172,500 employees supporting the trade area in a 5-mile radius. Listed in Oklahoma with Mark Reeder | OK License #109143