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11104 E 21st St 2,644 SF Retail Building Tulsa, OK 74129 $1,612,388 CAD ($609.83 CAD/SF) 5.92% Cap Rate

Retail Spaces Oklahoma Tulsa 11104 E 21st St, Tulsa, OK 74129

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INVESTMENT HIGHLIGHTS

  • Dense Infill Tulsa Location – 16K+ Ppl in 1-Mile Radius
  • Eight Plus Yrs., Two, Five-Yr. Options and Three Seven and a Half Percent Increased Remaining in the Lease
  • Resilient Rent Level in Neighborhood Demand Driven Area
  • Strong Operator and Holdco Guarantee – MBN Brands - 200+ Unit Operator – Financials Available in Escrow
  • High Traffic Area – 45K CPD at Subject Intersection
  • Brand Momentum – KFC Resurgence Being Led by Newly Appointed US President Catherine Tan-Gillespie

EXECUTIVE SUMMARY

The subject property offers the opportunity for an investor to purchase to purchase this fee simple absolute NNN KFC investment property. KFC has operated in 2,644 SF on half of an acre since the property was constructed in 1995. The building has been well taken care of with multiple remodel’s and has been updated to the latest prototype. The operator has grown substantially since taking over in 2021 and is poised to continue that growth with reinvigorated franchisor support.

ATTACHMENTS

KFC Tulsa - Final OM - 11.7.25

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,644 SF
Building Class
B
Year Built/Renovated
1995/2021
Price
$1,612,388 CAD
Price Per SF
$609.83 CAD
Cap Rate
5.92%
NOI
$95,374 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.50 AC
Zoning
CS
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
189’ on 21st St

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • 2,644 SF
  • $36.07 CAD
  • Triple Net
  • -

KFC est une marque mondiale de restaurants de poulet avec une riche histoire de succès et d'innovation qui dure depuis des décennies. Tout a commencé avec un cuisinier, le colonel Harland Sanders, qui a créé une bonne recette de lècher les doigts il y a plus de 75 ans — une liste de 11 herbes et d'épices secrètes rayées à l'arrière de la porte de sa cuisine. Aujourd'hui, ils suivent toujours sa formule de succès, avec de vrais cuisiniers panés et préparant fraîchement leur délicieux poulet à la main dans plus de 25 000 restaurants dans plus de 145 pays et territoires à travers le monde.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services 2,644 SF $36.07 CAD Triple Net -
1 1
Walk Score®
Very Walkable (71)
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NEARBY MAJOR RETAILERS

Crunch Fitness
Prosperity Bank
BOK Financial
Rent One Home Furnishings
Zaxby's
Starbucks
El Chico Cafe

PROPERTY TAXES

Parcel Number 15725-94-18-32020 Improvements Assessment $88,369 CAD
Land Assessment $10,665 CAD Total Assessment $99,034 CAD

PROPERTY TAXES

Parcel Number
15725-94-18-32020
Land Assessment
$10,665 CAD
Improvements Assessment
$88,369 CAD
Total Assessment
$99,034 CAD
(914) 384-2475

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 38368048

  • Date on Market: 2025-11-07

  • Last Updated:

  • Address: 11104 E 21st St, Tulsa, OK 74129

The Longview Lake Retail Property at 11104 E 21st St, Tulsa, OK 74129 is currently available. Contact Cambridge Properties for more information.

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11104 E 21st St
(914) 384-2475 x

11104 E 21st St

Henry Kerson
(914) 384-2475

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