Taco Bell Drive-Through
1810 South Garnett Road, Tulsa, OK 74128
For Sale
Contact for pricing
A single-tenant restaurant operates under an absolute NNN lease with scheduled annual rent increases and extension options.
Property Size3,032 SF
Lot Size1.59 Acres
Price / SF$328.17
Days on Market28
Property Features for 1810 South Garnett Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Financials
Asking Price
Cap Rate
Site & Location
Neighborhood
Tenancy & Operations
Currently Operating
Tenant in Place
Building Details
Year Built
Year Renovated
Tenancy
Listing Agency:
McGraw Commercial Properties
Listed By:
Todd Frankenfield · License #212124
(713) 560-0556
Source:
Crexi
Added: Oct 13
Changed: Nov 8
Last Checked: Nov 8 at 5:05PM
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 McGraw Commercial Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Taco Bell restaurant occupies a 3,032-square-foot building on a 1.59-acre site in Tulsa. Built in 1995 and updated in 2018, the property is zoned CS and leased to a single tenant under an absolute NNN structure. The tenant has operated at this location for more than 20 years and renewed the lease early in 2024, extending its term through December 31, 2029. The lease provides for 1% annual rent increases and includes three additional five-year options.
The property is at 1810 South Garnett Road, just north of East 21st Street, along the South Garnett Road corridor in east Tulsa.
The property is at 1810 South Garnett Road, just north of East 21st Street, along the South Garnett Road corridor in east Tulsa.
Key Highlights
- Absolute NNN lease with one tenant
- 3,032‑square‑foot restaurant on 1.59 acres
- Built in 1995 and updated in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,233
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,660
$684.7K
Cap Rate 7%
$489,043
$489.0K
Cap Rate 9%
$380,367
$380.4K
Market Conditions
NOI Build-Up for 3,032 SF
Gross rent
$47.3K $15.60/SF
− Vacancy
−$1.7K −$0.55/SF
EGI
$45.6K $15.05/SF
− OpEx
−$11.4K −$3.76/SF
NOI
$34.2K $11.29/SF
Area
Tulsa, OK
Vacancy
3.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,660
Cap Rate 7%
$489,043
Cap Rate 9%
$380,367
Alternative Uses
Best Use
Specialty Retail
$489.0K
$427.9K – $570.6K
NOI $34,233 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$646.7K
$565.9K – $754.5K
NOI $45,268 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
74k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Shops & Services 20%
Electronics 4%
McDonald's
Dining
28,370 visits/mo
0.1 miles
Burger King
Dining
10,978 visits/mo
0.2 miles
Dollar General
Shops & Services
7,524 visits/mo
0.5 miles
Taco Bell
Dining
7,126 visits/mo
0.1 miles
Phillips 66
Shops & Services
4,674 visits/mo
0.2 miles
Demographics for 74128, OK
12,982
Population
4,954
Households
2.6
Avg Household Size
34
Median Age
12%
College-Educated
75%
High-School Grad
3.6 sq mi
ZIP Area
3,606
Density / Sq Mi
$49,654
Median Household Income
$31,884
Median Earnings
$1,031
Median Rent
$109,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Drive through restaurant - A single-tenant restaurant operates under an absolute NNN lease with scheduled annual rent increases and extension options.
Where is this drive through restaurant located?
The property is located at 1810 South Garnett Road Tulsa, OK.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Absolute NNN lease with one tenant; 3,032‑square‑foot restaurant on 1.59 acres; Built in 1995 and updated in 2018
