6310 E 101st St - Restaurant FOR SALE


Tulsa, OK 74137- South Tulsa
$1,509,000 USD
918-695-4162
6310 E 101st St, Tulsa, OK for Sale
$1,509,000 USD
Restaurant - FOR SALE
1/9
null | 6.12% Cap Rate

Nov '28


6310 E 101st St
Tulsa, OK 74137
South Tulsa


HIGHLIGHTS

  • Iconic South Tulsa Restaurant
  • Superior 101st demographics
  • Proven Restaurant Operator
  • Great investment with long term appreciation

OVERVIEW

New pricing! Iconic South Tulsa Louie's Grill and Bar Restaurant investment sale Tenant since 2005; converted convenience store location with oversized lot 2.5 years remaining to 4th renewal option; 5th-Fixed 5 Year renewal option in 2028. Excellent South Tulsa "neighborhood centric" location at 101st Sheridan 4,350 SF in dual building configuration (3,177 SF +/- Restaurant/ 1,173 SF Annex) 140 occupancy load including patio dining Superior demographics with over 80K people and 143K AHI on 3-mile radius Proven Hal Smith Restaurant Group (HSRH) operator with over 85 restaurants Strong performing gross sales within the 16 Louie's brand (USA Database) Absolute NNN lease with no Landlord responsibilities Durable building Investment; dual configuration can create 2 tenant income potential upon vacancy

FOR SALE DETAILS

PRICE

$1,509,000 USD

PRICE/SF

$431 USD /SF

CAP RATE

6.12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

South Tulsa Restaurant Investment Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,738 SF

ZONING

CS

APN/PARCEL ID

70780-83-27-04100

ASK ABOUT THIS PROPERTY

Monty BerryEquitas Realty Advisors, LLCMore Info
918-695-4162

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Monty BerryEquitas Realty Advisors, LLCMore Info
918-695-4162

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