About This Restaurant
Investment Highlights
Executive Summary
Take 5 unsubordinated ground-leased property in BROOKSIDE ? Tulsa?s premier shopping, dining and lifestyle corridor with some of the highest underlying land value in the city. 20-year primary term, with 10% increases every 5 years. March 2024 Rent Commencement.Property is available for Sale at $1,750,000.00 or a 4.80% cap rate.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant
- Building Size 3,000
- Building Class C
- Year Built 1950
- Price 1,750,000
- Price Per SF 583
- Cap Rate 4.80
- NOI 84,000
- Percent Leased 100
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.15
- Land Acres 0.46 AC
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Nearby Amenities & Transportation
Retail | Walmart Neighborhood Market | ||
Retail | Scooter's Coffeehouse | ||
Retail | MidFirst Bank | ||
Retail | Arvest Bank | ||
Retail | Mazzio's | ||
Retail | Whole Foods Market | ||
Retail | Jimmy's Egg | ||
Retail | Starbucks | ||
Retail | Reasor's | ||
Retail | Billy Sims BBQ |
Property Taxes
Parcel Number | 01650-92-25-00870 | Improvements Assessment | $22,440 |
Land Assessment | $9,702 | Total Assessment | $32,142 |
Date Created: | 2024-07-16 04:18:09 | Last Updated: | 2024-07-16 04:18:09 |
Address: | 4130 S Peoria Ave , Tulsa, Oklahoma, 74105 |