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Slim Chickens 11012 E 81st St 2,880 SF Retail Building Tulsa, OK 74133 $2,650,000 ($920.14/SF) 6.67% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Investment
- Dense Retail Corridor
- 10 years remaining on their initial lease term with three 5-year options
- Strong Growth Tenant
- Current NOI is $176,664 with 1% annual rent increases allowing for steady rent growth
- Near 2 Hospitals and Community College
EXECUTIVE SUMMARY
Introducing a prime investment opportunity in Tulsa, OK! This 2,700 SF building, constructed in 2020, boasts prime location and 100% occupancy. Zoned CO, this property is ideal for a retail investor seeking a high-performing asset with a strong tenant presence. With its strategic location in the Tulsa area, this property offers a promising investment with immediate income potential. Don't miss out on this turnkey retail property that combines modern construction with a fully occupied space, promising a lucrative return on investment.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,880 SF
Building Class
B
Year Built
2020
Price
$2,650,000
Price Per SF
$920.14
Cap Rate
6.67%
NOI
$176,664
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.91 AC
Zoning
CO - CORRIDOR COMMERCIAL DISTRICT
Parking
50 Spaces (17.36 Spaces per 1,000 SF Leased)
Frontage
184’ on East 81st Street
AMENITIES
- 24 Hour Access
- Bus Line
- Dedicated Turn Lane
- Restaurant
- Signage
- Drive Thru
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 77564-84-18-16640 | Improvements Assessment | $115,808 |
| Land Assessment | $74,800 | Total Assessment | $190,608 |
PROPERTY TAXES
Parcel Number
77564-84-18-16640
Land Assessment
$74,800
Improvements Assessment
$115,808
Total Assessment
$190,608
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Slim Chickens | 11012 E 81st St
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