5119 51st Street South | Tulsa, OK 74135
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- LoopNet Team
5119 51st Street South
Tulsa, OK 74135
FREDDY’S – TULSA, OK · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations
- BRAND NEW CONSTRUCTION: New, build-to-suit of Freddy’s latest prototype with an impressive 10-car stack in drive-thru - slated to open August 2025
- Just east of S Yale Ave & E 51st St S where traffic counts exceed 62,780 CPD!
- TENANT: Ram-Z Custard, LLC owns & operates 74 locations, which include 39 Freddy’s restaurants, making it the 6th largest Freddy’s franchisee in US
- TRAFFIC COUNTS | INFILL LOCATION: Located on spacious ±0.95-acre parcel with great visibility/access on E 51st St S with traffic counts of 17,053 CPD
- 2024 DEMOGRAPHICS: Total Population (5MI): 249,980 | Average Household Income (1MI): $108,825
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,795 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.99 AC
Zoning
C - Commercial
Frontage
228’ on South Braden Avenue
AMENITIES
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 06450-93-27-00810 | Improvements Assessment | $0 |
| Land Assessment | $52,976 | Total Assessment | $52,976 |
PROPERTY TAXES
Parcel Number
06450-93-27-00810
Land Assessment
$52,976
Improvements Assessment
$0
Total Assessment
$52,976
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