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6823 S Yale Ave
Tulsa, OK 74136
The Bradford Grill · Retail Property For Sale
Executive Summary
Rare oppurtunity to own a highly successful restaurant in one of the most highly coveted areas of Tulsa. The Bradford Grill is approximately 5,172 sf and sits over 60,000 sf of land at 68th and Yale. The property has recently undergone a massive 2,000,000.00 renovation that touched every part of the restaurant . The tenant is paying 15,000.00 a month on a true NET NET NET basis. The tenant pays everything including taxes , Insurance , repairs , roof, parking lot etc. The restaurant is located near St. Francis Hospital which is Tulsa's largest employer and the 1,000,000 sf Class "A" Warren Place office development at 61st and Yale . There is cross parking with the adjacent lots to the north and south providing additional parking. The primary lease is for 10 years with options and there are 10% increases in the lease every five years. Call for further details.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
5,172 SF
Building Class
B
Year Built/Renovated
1996/2026
Price
$2,850,000
Price Per SF
$551.04
Cap Rate
6.32%
NOI
$180,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.39 AC
Zoning
PUD - CS
Parking
61 Spaces (11.38 Spaces per 1,000 SF Leased)
Frontage
103’ on Yale Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 19781-83-03-21730 | Improvements Assessment | $93,588 |
| Land Assessment | $80,168 | Total Assessment | $173,756 |
Property Taxes
Parcel Number
19781-83-03-21730
Land Assessment
$80,168
Improvements Assessment
$93,588
Total Assessment
$173,756
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