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2539 SE Washington Blvd
Bartlesville, OK 74006
McAlister's Deli · Retail Property For Sale

Executive Summary

Brand New 2022 Construction | 16.5 Years Remaining on a 20-Year NNN Lease Commencing November 2022, Plus Three 5-Year Renewal Options Extending Potential Occupancy Through 2057
True NNN Lease | Tenant Responsible for Roof & Structure, Delivering Passive, Management-Free Ownership With No Landlord Capital Obligations or Operating Expense Exposure
Scheduled 8% Rent Increase in November 2027 Lifts the Going-In Yield from 5.75% to Approximately 6.21%, a ~46 Basis Point Increase in Return Within the First Five Years of Ownership
Anchored by a Stable Corporate Employment Base | Bartlesville is the Birthplace And Longtime Home of Phillips Petroleum, Now Phillips 66 And ConocoPhillips, Whose Major Bartlesville Campus Remains the Area’s Largest Employer (Click HERE for More Info)
McAlister’s Deli | 500+ Restaurants Across 29 States And a Flagship Brand Within GoTo Foods, the Roark Capital-Owned Platform Operating Over 7,400 Locations in All 50 States And 71 Countries
Positioned on Bartlesville’s Primary Retail Corridor | SE Washington Boulevard Along U.S. Highway 75 is the City’s Dominant Commercial Artery, Surrounded by Established National Retail Including Walgreens, Chili’s, Freddy’s, And Atwoods
Regional Hub of Northeast Oklahoma | County Seat of Washington County And the Dominant Retail, Medical, And Employment Center for a Broad Rural Trade Area, Roughly 50 Miles North of Tulsa, Pulling Demand Well Beyond the City’s ~39,000 Residents

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,759 SF
Building Class
C
Year Built
1983
Price
$2,850,000
Price Per SF
$758.18
Cap Rate
5.75%
NOI
$163,762
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.18 AC
Zoning
AA1
Parking
58 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
127’ on Washington Blvd

Amenities

  • Pylon Sign
  • Drive Thru
  • Listing ID: 41061391

  • Date on Market: 6/25/2026

  • Last Updated:

  • Address: 2539 SE Washington Blvd, Bartlesville, OK 74006

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