Wendy’s NNN Ground Lease
For Sale
Contact for pricing
Pending
105 N Adams Rd, Sand Springs, OK 74063
Newly built quick-service restaurant occupied under a long-term absolute NNN ground lease with scheduled rent escalations.
Property Size2,560 SF
Days on Market140
Property Features for 105 N Adams Rd
General Information
Standard status
Pending
Size
2,560 SF
Property subtype
Retail
Site & Location
Traffic Count
40,000 vehicles/day
Road Access
Yes
Building Details
Year Built
2023
Buildings
1
Listing Agency:
Marcus & Millichap - Los Angeles
(310) 909-5500
Listed By:
Tyler Bindi · License #CA 02116455
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Apr 13 at 7:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
Built in 2023, this 2,560-square-foot Wendy’s restaurant is subject to a 20-year absolute NNN ground lease. The lease places landlord responsibilities at zero and provides for 10% rent increases every five years. Cotti Foods Midwest operates the restaurant as part of its Wendy’s franchise network.
The property occupies a signalized corner at North Adams Road and Highway 97, also known as the Sand Springs Expressway. The location records traffic exposure of more than 40,000 vehicles per day and is near Walmart Supercenter, AutoZone, and Atwoods. The surrounding five-mile trade area includes more than 80,000 residents and connects to Tulsa’s broader economic base.
The property occupies a signalized corner at North Adams Road and Highway 97, also known as the Sand Springs Expressway. The location records traffic exposure of more than 40,000 vehicles per day and is near Walmart Supercenter, AutoZone, and Atwoods. The surrounding five-mile trade area includes more than 80,000 residents and connects to Tulsa’s broader economic base.
Key Highlights
- 20‑year absolute NNN ground lease with zero landlord responsibilities
- 10% rent increases every five years
- 2,560‑square‑foot Wendy’s restaurant built in 2023
Property Analytics
Property Profile
Current Use
Lease Details
40,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Home Improvements & Furnishings 28%
Shops & Services 28%
Dollar Tree
Shops & Services
10,082 visits/mo
0.2 miles
Taco Bueno
Dining
9,653 visits/mo
0.1 miles
Harbor Freight Tools
Home Improvements & Furnishings
9,319 visits/mo
0.1 miles
China Star
Dining
6,019 visits/mo
0.2 miles
Rent A Center
Home Improvements & Furnishings
937 visits/mo
0.2 miles
Demographics for 74063, OK
30,630
Population
12,823
Households
2.4
Avg Household Size
42
Median Age
24%
College-Educated
91%
High-School Grad
129.8 sq mi
ZIP Area
236
Density / Sq Mi
$71,569
Median Household Income
$41,815
Median Earnings
$989
Median Rent
$187,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly built quick-service restaurant occupied under a long-term absolute NNN ground lease with scheduled rent escalations.
Where is this nnn property located?
The property is located at 105 N Adams Rd Sand Springs, OK.
What are key features of this property?
This property features: 20‑year absolute NNN ground lease with zero landlord responsibilities; 10% rent increases every five years; 2,560‑square‑foot Wendy’s restaurant built in 2023
