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Whataburger | 8+yrs Remain Corp Abs NNN 1432 S Peoria Ave 2,100 SF Retail Building Tulsa, OK 74120 $3,035,093 CAD ($1,445.28 CAD/SF) 5.52% Cap Rate
Investment Highlights
- 8+ Years Remaining | Scheduled Rental Increases | Options to Extend | Established Brand
- Along S Peoria Ave | Interstate 244 | Dense Retail Corridor | Strong National/Credit Tenant Presence | University of Tulsa
- Absolute NNN | Fee Simple Ownership
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Executive Summary
• The tenant currently has 8+ years remaining on their initial lease with 3 (5-year) options to extend
• The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Accommodation and Food Services
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
On Aug. 8, 1950, an adventurous and determined entrepreneur named Harmon Dobson opened up the world’s first Whataburger on Ayers Street in Corpus Christi, Texas. The company had a simple goal: to serve a burger so big it took two hands to hold and so good that after one bite customers would say, “What a burger!” They succeeded on both counts and turned that one little burger stand into a legend loved throughout Texas and the South. Today, each and every Whataburger is made to order, right when it’s ordered. And they’re still made with 100 percent pure, never-frozen beef and served on a big toasted five-inch bun with all “the extras” to suit every taste. Grilled jalapeños, extra bacon, three slices of cheese, no tomatoes, extra pickles? No problem. Each Whataburger will be made just like customers like it, 24 hours a day, seven days a week.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 05175-92-12-20660 | Improvements Assessment | $38,871 CAD |
| Land Assessment | $10,354 CAD | Total Assessment | $49,225 CAD |
Property Taxes
Contacts
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Patrick Luther -
Matthew Mousavi -
Patrick Nutt -
Webb Sellers -
SRS National Net Lease
Presented by
Whataburger | 8+yrs Remain Corp Abs NNN | 1432 S Peoria Ave
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