3242 East 11Th St Tulsa, OK 74104
NNN Burger King lease with attractive annual rental escalations.
Property size:
3,027 SFLot size:
0.89 AcresProperty Features for 3242 East 11Th St
General Information
- Size
- 3,027 SF
- Lot size
- 0.89 Acres
Source:
Moodyscre
Listing Agent: Justin Zahn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Burger King NNN Lease Property
This property features an absolute NNN lease with 6 years remaining and attractive 1.75% annual rental escalations, along with four 5-year options to renew. It is conveniently located across the street from The University of Tulsa in an infill location. The property is situated on a ±0.89-acre parcel at the signalized, southwest hard corner of S Harvard Ave & U.S. Rte 66, offering excellent visibility and access. Traffic counts at this location are 23,186 CPD. Heartland Ventures, a regional Burger King franchisee that owns and operates 5 locations in Oklahoma, is the tenant and guarantor. The property size is 3,027 square feet. The surrounding area has affluent demographics, with a total population of 212,378 within 5 miles and an average household income of $101,733 within 1 mile.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Burger King
Restaurant
IBC Bank ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Creek
- State
- Oklahoma
- Longitude
- -95.940845
- Latitude
- 36.14751
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - NNN Burger King lease with attractive annual rental escalations.
Where is this drive through restaurant located?
The property is located at 3242 East 11Th St Tulsa, OK.
What is the asking price?
The asking price for this property is $1,938,000.
What are key features of this property?
This property features: - Absolute NNN Lease with 6 years remaining and 1.75% annual rental escalations.; - Located across the street from The University of Tulsa.; - High Traffic Counts: 23,186 CPD at the corner of S Harvard Ave & U.S. Rte 66.