11104 E 21st St - Fast Food FOR SALE


Tulsa, OK 74129- Longview Lake
$1,160,000 USD
914-384-2475
11104 E 21st St, Tulsa, OK for Sale
$1,160,000 USD
Fast Food - FOR SALE
1/3
null | 5.92% Cap Rate

11104 E 21st St
Tulsa, OK 74129
Longview Lake


HIGHLIGHTS

  • Dense Infill Tulsa Location – 16K+ Ppl in 1-Mile Radius
  • Strong Operator and Holdco Guarantee – MBN Brands - 200+ Unit Operator – Financials Available in Escrow
  • Eight Plus Yrs., Two, Five-Yr. Options and Three Seven and a Half Percent Increased Remaining in the Lease
  • High Traffic Area – 45K CPD at Subject Intersection
  • Resilient Rent Level in Neighborhood Demand Driven Area
  • Brand Momentum – KFC Resurgence Being Led by Newly Appointed US President Catherine Tan-Gillespie

OVERVIEW

The subject property offers the opportunity for an investor to purchase to purchase this fee simple absolute NNN KFC investment property. KFC has operated in 2,644 SF on half of an acre since the property was constructed in 1995. The building has been well taken care of with multiple remodel’s and has been updated to the latest prototype. The operator has grown substantially since taking over in 2021 and is poised to continue that growth with reinvigorated franchisor support.

FOR SALE DETAILS

PRICE

$1,160,000 USD

PRICE/SF

$439 USD /SF

CAP RATE

5.92%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,876 SF

ZONING

CS

APN/PARCEL ID

15725-94-18-32020

ASK ABOUT THIS PROPERTY

Henry KersonCambridge PropertiesMore Info
914-384-2475

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Henry KersonCambridge PropertiesMore Info
914-384-2475

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.