305 S Elm St - Fast Food FOR SALE
Jenks, OK 74037 |
$2,029,000 USD
510-289-1166
305 S Elm St
Jenks, OK 74037
HIGHLIGHTS
- 15-Year Absolute NNN Lease to Dutch Bros Coffee (NYSE: BROS) with a Corporate Guaranty
- Approximately 11 Years Remaining with Scheduled 10% Rental Escalations and No Landlord Maintenance Responsibilities
- High-Growth National Brand with Strong Financial Performance (Complete IPO in Sept. 2021)
- High Quality 2021 Construction with a Double-Drive Thru Component and Prominent Pylon Signage
- Prominent Retail Location Along Elm Street Retail Corridor - 20,700 ADT
- Neighbors Jenks High School (3,500+ Students), 4 Miles from Oral Roberts University (7,000+ Students), & 12 Miles from Downtown Tulsa
OVERVIEW
15-year absolute NNN lease to Dutch Bros Coffee located in the Tulsa MSA. The property features high-quality 2021 construction with a double drive-thru component and a convenient location along the Elm Street corridor just off the Creek Turnpike.
In Association with ParaSell, Inc. | A Licensed Oklahoma Real Estate Broker #183645
FOR SALE DETAILS
PRICE
$2,029,000 USD
PRICE/SF
$2,136 USD /SF
CAP RATE
5.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dutch Bros Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.6 AC
LAND SF
26,136 SF
ZONING
CG
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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510-289-1166
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510-289-1166
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