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    11051 E 41St St Tulsa, OK 74146

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    For Sale
    $3,500,000

    New 15-year absolute net lease Chipotle investment property.

    Property size:
    2,243 SF
    Lot size:
    0.71 Acres

    Property Features for 11051 E 41St St

    General Information

    Size
    2,243 SF
    Lot size
    0.71 Acres

    Source: STRIVE Agent Adam Gottschalk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Chipotle with Drive-Thru

    This property features a brand new 15-year absolute net lease with no landlord responsibilities. The tenant is Chipotle Mexican Grill (NYSE: CMG), an investment-grade company with over $9.9 billion in annual revenue and over 3,500 locations nationwide. The lease includes 10% rent increases every 5 years and in the option periods. The property showcases the new “Chipot-Lane” building prototype, offering a drive-thru concept for ordering and digital pick up. It is shadowed by Reasor’s Grocery (Brookshire Grocery Company) and surrounded by national retailers and strong co-tenancy, including Quik Trip, Applebee’s, Taco Bell, McDonald’s, Sonic, Arby’s, Chase Bank, and Panda Express. Located within a strong expanding trade area, the property benefits from 145,655 residents within 5 miles and a population density of 1,929 people per square mile, higher than Tulsa’s average of approximately 1,181. The building size is 2,243 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Creek
    State
    Oklahoma
    Longitude
    -95.852454
    Latitude
    36.105504

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    FAQs

    What type of property is this?
    Drive through restaurant - New 15-year absolute net lease Chipotle investment property.
    Where is this drive through restaurant located?
    The property is located at 11051 E 41St St Tulsa, OK.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Brand new 15 year absolute net lease – no landlord responsibilities; - Investment grade – Chipotle Mexican Grill (NYSE: CMG) with over $9.9 billion in annual revenue with over 3,500 locations nationwide; - New “Chipot-Lane” building prototype offers drive thru concept for ordering and digital pick up
    (469) 844-8890
    Request Owner's contact information
    11051 E 41St St Tulsa, OK 74146
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    Tulsa, OK 74146
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11051 E 41St St Tulsa, OK 74146
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