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Tulsa Whataburger NNN Investment Property
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1432 S Peoria Ave, Tulsa, OK 74120

NNN leased Whataburger in Tulsa with over 8 years remaining.

Property Size2,100 SF
Price / SF$1,038
Days on Market194

Property Features for 1432 S Peoria Ave

General Information

Standard status Active
Size 2,100 SF
Total Parking Spaces 24
Property subtype Retail
Zoning CH - Commercial Hub
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $124,208

Building Details

Year Built 1978
Buildings 1
Stories 1
Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Matthew Mousavi · License #CA 01732226
Source: Crexi
Added: Jan 30 Changed: Aug 8 Last Checked: Aug 11 at 1:01PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

The Whataburger Restaurants, LLC property is located at 1432 S. Peoria Avenue, Tulsa, Oklahoma. This single-tenant property is an absolute NNN investment opportunity with over 8 years remaining on the lease, scheduled rental increases, and options to extend. The property has a 5.52% cap rate with a net operating income of $124,208. The property is located in a retail corridor with nearby retailers including Starbucks, Walgreens, and Home Depot. The property has direct access to Interstate 244 and is near the University of Tulsa. The property is 2100 square feet. The surrounding area has a solid presence of six-figure incomes within a 5-mile radius. The property is intended for commercial real estate use.

Key Highlights

  • Absolute NNN lease with over 8 years remaining, providing a reliable income stream.
  • 5.52% cap rate with a net operating income of $124,208.
  • Located in a high‑traffic retail corridor with excellent visibility and direct access to Interstate 244.

Property Analytics

Current Use

Whataburger Restaurant

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Carpet & Flooring Store Locksmith Veterinary Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,535
Businesses Nearby
125k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 92% Leisure 5% Beauty & Spa 1% Shops & Services 1%
McDonald's Dining
23,342 visits/mo 0.0 miles
Whataburger Dining
20,339 visits/mo 0.1 miles
Hideaway Pizza Dining
16,609 visits/mo 0.2 miles
Panera Bread Dining
13,564 visits/mo 0.4 miles
Mi Cocina Dining
13,094 visits/mo 0.1 miles

Demographics for 74120, OK

5,037
Population
3,308
Households
1.5
Avg Household Size
37
Median Age
52%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
2,399
Density / Sq Mi
$66,280
Median Household Income
$46,823
Median Earnings
$1,071
Median Rent
$415,300
Median Home Value

Market

Vacancy Rate% for Retail in Tulsa, OK

7.2% 2019
7.6% 2020
6.6% 2021
5.6% 2022
5.2% 2023
5.6% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - NNN leased Whataburger in Tulsa with over 8 years remaining.
Where is this drive through restaurant located?
The property is located at 1432 S Peoria Ave Tulsa, OK.
What is the asking price?
The asking price for this property is $2,180,000.
What are key features of this property?
This property features: Absolute NNN lease with over 8 years remaining, providing a reliable income stream.; 5.52% cap rate with a net operating income of $124,208.; Located in a high‑traffic retail corridor with excellent visibility and direct access to Interstate 244.
(480) 221-4221 Call to check price and availability
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