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Ted's Café Escondido 500 W Albany St 5,990 SF Retail Building Broken Arrow, OK 74012 $4,383,072 CAD ($731.73 CAD/SF) 7.70% Cap Rate
Investment Highlights
- Property is surrounded by many national retailers, six hotels with over 500 rooms, and the Ascension St. John Broken Arrow Hospital.
Executive Summary
Newmark Robinson Park is pleased to present the opportunity to acquire a fifteen (13) year, Single Tenant Net Lease investment, occupied by Ted’s Cantina Escondido, which is located 501 W. Albany Street, Broken Arrow, OK 74012 (“Property”). Ted’s Cantina Escondido is a local restaurant group, with seven locations. The property was built in 2023 and is approximately 5,990 square feet. The property is in Broken Arrow, Oklahoma, which is the fourth largest city in Oklahoma, having a population of 119,954.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,990 SF
Building Class
B
Year Built
2023
Price
$4,383,072 CAD
Price Per SF
$731.73 CAD
Cap Rate
7.70%
NOI
$337,497 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.45 AC
Zoning
C5
Frontage
173’ on North Elm Place
Amenities
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 79025-84-02-56340 | Improvements Assessment | $414,107 CAD |
| Land Assessment | $90,833 CAD | Total Assessment | $504,940 CAD |
Property Taxes
Parcel Number
79025-84-02-56340
Land Assessment
$90,833 CAD
Improvements Assessment
$414,107 CAD
Total Assessment
$504,940 CAD
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Ted's Café Escondido | 500 W Albany St
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