11104 E 21St St Tulsa, OK 74129
NNN leased property with attractive rent growth and strong demographics.
Property size:
2,644 SFLot size:
0.50 AcresProperty Features for 11104 E 21St St
General Information
- Standard status
- Active
- Size
- 2,644 SF
- Lot size
- 0.50 Acres
Building Details
- Year built
- 1995
Source:
Crexi
Listing Agency: Matthews Listing Agent: Connor Olandt
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Tulsa NNN Investment Opportunity
This commercial property offers an absolute NNN lease structure with approximately 8 years remaining on the initial lease term. The lease includes two 5-year renewal options. As an absolute NNN lease, the tenant is responsible for all maintenance, repairs, and operating expenses, providing a passive income stream. The lease features 7.5% rental increases every five years, with the next escalation scheduled for July 2028, continuing throughout the option periods. The property benefits from proximity to Highway 169, which experiences traffic counts exceeding 114,000 vehicles per day, and is situated along E 21st Street with approximately 27,000 vehicles per day. The location benefits from a stable population base and demographics, with over 540,000 people residing within a 10-mile radius and an average household income exceeding $100,000. Located in Tulsa, Oklahoma's second-largest city, the property offers investors consistent demographics.
Location Intelligence
Current Use by Public Records
KFC
Restaurant
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Creek
- State
- Oklahoma
- Longitude
- -95.852289
- Latitude
- 36.133096
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FAQs
What type of property is this?
NNN property - NNN leased property with attractive rent growth and strong demographics.
Where is this nnn property located?
The property is located at 11104 E 21St St Tulsa, OK.
What are key features of this property?
This property features: - Absolute NNN Lease Structure: Enjoy stable, passive income with tenant responsible for all expenses.; - Attractive Rent Growth: Benefit from 7.5% rental increases every five years, next escalation in July 2028.; - Strong Traffic Counts: High visibility location with over 114,000 vehicles per day on Highway 169.
