9825 E 21st St | Tulsa, OK 74129
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9825 E 21st St
Tulsa, OK 74129
El Chico · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent Retail Synergy and Positioning – El Chico is situated in the main retail corridor, next to many national retailers such as Target, Best Buy
- Long-Term Absolute NNN Lease – The tenant is responsible for all operating costs and expenses, providing 100% passive income to the landlord
- Long-Standing Tenant Success – El Chico restaurants have operated for 90+ years. The brand began in 1926 in Dallas, TX
- Annual Rent Increases – The lease provides 1.50% annual rent increases, providing an investor with quickly growing cash flow
- Strong Traffic Counts – The property sees a high number of daily traffic as it is situated between the intersection of the 169 and 44 freeways.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,936 SF
Building Class
C
Year Built/Renovated
1989/2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.98 AC
Zoning
CS
Parking
64 Spaces (13.22 Spaces per 1,000 SF Leased)
Frontage
453’ on 21st St
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 24650-94-07-06410 | Improvements Assessment | $60,786 |
| Land Assessment | $21,098 | Total Assessment | $81,884 |
PROPERTY TAXES
Parcel Number
24650-94-07-06410
Land Assessment
$21,098
Improvements Assessment
$60,786
Total Assessment
$81,884
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