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    500 E Kenosha St Broken Arrow, OK 74012

    For Sale
    $5,213,000

    New construction Hawaiian Bros restaurant with double drive-thru.

    Property size:
    4,000 SF
    Lot size:
    1.42 Acres

    Property Features for 500 E Kenosha St

    General Information

    Size
    4,000 SF
    Lot size
    1.42 Acres

    Source: CP Partners Agent John Andreini

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

    Overview

    New Hawaiian Bros Restaurant For Sale

    This property features a 15-year absolute net lease with 10% rental increases every 5 years. Constructed in 2023 as a build-to-suit, it includes a double drive-thru and is situated on a 1.42-acre lot. The property is occupied by Hawaiian Bros, Inc., with a corporate guaranty. According to Placer.ai, this location has been ranked among the Top 25% most trafficked restaurants in Oklahoma over the past 12 months. Hawaiian Bros is a rapidly expanding quick-service restaurant concept founded in 2018, with over 60 restaurants in 9 states. The surrounding area has affluent demographics, with average household incomes of $107,000 within a 3-mile radius. Nearby national retailers include Walmart, Target, Sprouts, Hobby Lobby, and Lowe’s.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hawaiian Bros Island ... Hawaiian Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Broken Arrow
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.78433
    Latitude
    36.061995

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    FAQs

    What type of property is this?
    Drive through restaurant - New construction Hawaiian Bros restaurant with double drive-thru.
    Where is this drive through restaurant located?
    The property is located at 500 E Kenosha St Broken Arrow, OK.
    What is the asking price?
    The asking price for this property is $5,213,000.
    What are key features of this property?
    This property features: - 15-year absolute net lease with 10% rental increases every 5 years; - Corporate guaranty from Hawaiian Bros, Inc.; - **2023 build-to-suit construction with double drive-thru on a large 1.42 acre lot**
    (415) 274-2715
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    500 E Kenosha St Broken Arrow, OK 74012
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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
    500 E Kenosha St Broken Arrow, OK 74012
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