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1117 E Pine St
Tulsa, OK 74106
Popeyes w/ Drive Thru | 13yr Abs NNN · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 9 Years Remaining | Scheduled Rental Increases | Franchisee Guaranteed | Strong Guarantor
  • Strong University Student Customer Base | Near National/Credit Tenants
  • Strong Demographics Within 5-Mile Radius Trade Area
  • Absolute NNN Lease | Fee Simple Ownership | Zero Responsibilities
  • Near Signalized, Hard Corner Intersection | Just Off U.S. Highway 75 (37,700 VPD) | Drive-Thru Equipped | Large Pylon Sign

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,974 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.64 AC
Zoning
CS - Commercial Service
Parking
33 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
194’ on Pine St

AMENITIES

  • Pylon Sign
  • Restaurant
  • Signalized Intersection
  • Drive Thru

ABOUT 1117 E PINE ST , TULSA, OK 74106

Popeyes is strategically located near the signalized, hard corner intersection of East Pine Street and North Peoria Avenue, averaging a combined 36,500 vehicles passing by daily. The site is located just off U.S. Highway 75 (37,700 VPD), a major north/south thoroughfare for the state of Oklahoma, with convenient on/off ramp access. The building is equipped with a drive-thru, providing ease and convenience for customers. On average, stores with drive-thrus generally experience higher sales than those without. Further, the site is equipped with a large pylon sign, providing excellent visibility and frontage along East Pine Street. The site is within close proximity to the University of Tulsa (4,433 students enrolled) and Oklahoma State University-Tulsa (2,280 students enrolled), providing a strong customer base for Popeyes. Nearby national/credit tenants include Dollar General, DaVita Dialysis Center, Walgreens, Save-A-Lot, Family Dollar, and more, further increasing consumer draw to the trade area. The 5-mile trade area is supported by a population of more than 146,900 residents with an average household income of $60,663.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04350-02-25-01850
  • 04350-02-25-01880
  • 04350-02-25-01870
  • 04350-02-25-01860
Land Assessment
$30,702
Improvements Assessment
$112,096
Total Assessment
$142,798
  • Listing ID: 14309805

  • Date on Market: 11/6/2018

  • Last Updated:

  • Address: 1117 E Pine St, Tulsa, OK 74106

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