505 SE Washington Blvd - Restaurant FOR SALE
Bartlesville, OK 74006 |
$4,290,000 USD
480-718-5555
505 SE Washington Blvd
Bartlesville, OK 74006
HIGHLIGHTS
- 100% OCCUPIED | STRONG SALES PERFORMANCE: Newly constructed 100% occupied two-tenant retail center anchored by highly successful Bricktown Brewery
- (Attractive 7.87% Rent to Sales Ratio) and MedWise Urgent Care (Quiktrip Guarantee)
- LONG TERM CORPORATE LEASES: Bricktown Brewery (successful 21-unit chain) will sign a brand new 15-year NNN Lease
- 8% rental escalations every 5 years at the Close of Escrow. MedWise Urgent Care is wholly owned and further guaranteed by QuikTrip
- PAD SITE | TRAFFIC COUNTS: Pad site to an Ollie’s Bargain Outlet, Five Below & Dollar Tree Shopping Center - positioned on a large ±1.15-acre parcel
- 2025 DEMOGRAPHICS: Total Population (5MI): 43,958 | Average Household Income (1MI): $90,920
FOR SALE DETAILS
PRICE
$4,290,000 USD
PRICE/SF
$512 USD /SF
CAP RATE
7.15%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MEDWISE/BRICKTOWN - BARTLESVILLE, OK
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Freestanding, Storefront Retail/Office, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.15 AC
LAND SF
50,094 SF
ZONING
C
APN/PARCEL ID
0010823
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480-718-5555
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480-718-5555
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