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6310 E 101st St - Iconic Tulsa Restaurant Investment Sale 4,205 SF Specialty Building Offered at $1,609,000 at a 5.74% Cap Rate in Tulsa, OK 74137
Investment Highlights
- Iconic South Tulsa Restaurant
- Proven Restaurant Operator
- Superior 101st demographics
- Great investment with long term appreciation
Executive Summary
Iconic Louie's Grill and Bar Restaurant investment sale
Tenant since 2005; converted convenience store location with oversized lot
2.5 years remaining to 4th renewal option; 5th-Fixed 5 Year renewal option in 2028.
Excellent South Tulsa "neighborhood centric" location at 101st Sheridan
Superior demographics with over 80K people and 143K AHI on 3-mile radius
Best in class & proven Hal Smith Restaurant Group (HSRH) operator with over 85 restaurants
One of the leading restaurants of highest gross sales within the Louie's brand (16+/-)
Absolute NNN lease with no Landlord responsibilities
Stable and durable Investment with long term appreciation
Tenant since 2005; converted convenience store location with oversized lot
2.5 years remaining to 4th renewal option; 5th-Fixed 5 Year renewal option in 2028.
Excellent South Tulsa "neighborhood centric" location at 101st Sheridan
Superior demographics with over 80K people and 143K AHI on 3-mile radius
Best in class & proven Hal Smith Restaurant Group (HSRH) operator with over 85 restaurants
One of the leading restaurants of highest gross sales within the Louie's brand (16+/-)
Absolute NNN lease with no Landlord responsibilities
Stable and durable Investment with long term appreciation
Data Room Click Here to Access
- Offering Memorandum
- Miscellaneous
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,609,000 | Lot Size | 0.89 AC |
| Price Per SF | $382.64 | Building Size | 4,205 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.74% | Year Built/Renovated | 2003/2005 |
| Property Type | Specialty | Parking Ratio | 12.84/1,000 SF |
| Zoning | RM1 and CS - All under PUD 431 CS - Commercial Shopping RM-1 -Residential Multi | ||
| Price | $1,609,000 |
| Price Per SF | $382.64 |
| Sale Type | Investment |
| Cap Rate | 5.74% |
| Property Type | Specialty |
| Lot Size | 0.89 AC |
| Building Size | 4,205 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2003/2005 |
| Parking Ratio | 12.84/1,000 SF |
| Zoning | RM1 and CS - All under PUD 431 CS - Commercial Shopping RM-1 -Residential Multi |
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
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6310 E 101st St - Iconic Tulsa Restaurant Investment Sale
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