6823 S Yale Ave - Restaurant FOR SALE


Tulsa, OK 74136- South Tulsa
$2,850,000 USD
918-724-8955
6823 S Yale Ave, Tulsa, OK for Sale
$2,850,000 USD
Restaurant - FOR SALE
1/8
null | 6.32% Cap Rate

6823 S Yale Ave
Tulsa, OK 74136
South Tulsa


OVERVIEW

Rare oppurtunity to own a highly successful restaurant in one of the most highly coveted areas of Tulsa. The Bradford Grill is approximately 5,172 sf and sits over 60,000 sf of land at 68th and Yale. The property has recently undergone a massive 2,000,000.00 renovation that touched every part of the restaurant . The tenant is paying 15,000.00 a month on a true NET NET NET basis. The tenant pays everything including taxes , Insurance , repairs , roof, parking lot etc. The restaurant is located near St. Francis Hospital which is Tulsa's largest employer and the 1,000,000 sf Class "A" Warren Place office development at 61st and Yale . There is cross parking with the adjacent lots to the north and south providing additional parking. The primary lease is for 10 years with options and there are 10% increases in the lease every five years. Call for further details.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$551 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Bradford Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

PUD

APN/PARCEL ID

19781-83-03-21730

ASK ABOUT THIS PROPERTY

Dick AlabackMCP / McGraw Commercial PropertiesMore Info
918-724-8955

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Dick AlabackMCP / McGraw Commercial PropertiesMore Info
918-724-8955

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