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Smalls Sliders 619 W 71st St 800 SF Retail Building Tulsa, OK 74132 $3,156,175 CAD ($3,945.22 CAD/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- New, 15-Year Lease | Options To Extend | Scheduled Rental Increases
- Outparcel to REI Anchored Center | Tulsa Hills Shopping Center
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics In The Immediate Trade Area
EXECUTIVE SUMMARY
• The lease is personally guaranteed by a Smalls Sliders franchisee
• 15 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• 15 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
800 SF
Building Class
B
Year Built
2025
Price
$3,156,175 CAD
Price Per SF
$3,945.22 CAD
Cap Rate
5.75%
NOI
$181,470 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.82 AC
Zoning
CS - Commercial Shopping
Parking
24 Spaces (30 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
1 of 8
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Smalls Sliders | 619 W 71st St
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