2201 W Norfolk Drive, Broken Arrow, OK 74011

Brand new 2026 construction planned on a dual drive-thru ground-lease site at a signalized hard corner.

Property Size3,817 SF

Price / SF$820.68

Days on Market129

Property Features for 2201 W Norfolk Drive

General Information

Standard status Active

Size 3,817 SF

Property subtype Restaurant

Additional Details

Lease Term 240 months

Road Access Yes

Amenities

20 Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction.

Positioned along the Area's Primary Traffic and Retail Corridor at a Signalized Hard Corner Location, Offering Excellent Visibility, Multiple Points of Ingress and Egress.

McDonald's (NYSE: MCD) is Ranked #165 on the Fortune 500 List, Features Investment Grade Credit Rating "BBB+" by S&P's and has an Annual Revenue Exceeding $26.88 Billion.

Immediate Access to/from the Creek Turnpike (SH-364) – a Major Highway Delivering Seamless Regional Connectivity across the Tulsa MSA, driving High-Volume Commuter Traffic, Expanding the Trade Area, and Enhancing Long-Term Retail Performance.

Positioned in Broken Arrow, One of the Fastest-Growing Submarkets in the Tulsa Metropolitan Area, benefiting from Sustained Population Growth, Residential Expansion, and increasing Retail Demand across the Southeast Corridor.

Densely Populated Affluent Area: Features an Average Household Income of $110k+ and more than 114k People Residing within a 5-Mile Radius. Broken Arrow has Experienced Sustained Population Growth over the Past Decade.

Located near Northeastern State University Broken Arrow, a Regional Higher Education Campus Serving Thousands of Students, Faculty, and Staff, Driving Consistent Daytime Traffic, Workforce Activity, and Supporting Long-Term Retail Demand in the Immediate Trade Area.

Over 3,000 Homes within a Five-Minute Drive with Population Growth Exceeding 35% since the Last Census, Supporting Rapidly Expanding Consumer Demand and Long-Term Retail Sustainability within the Immediate Trade Area. Adjacent to a New 60-Acre Mixed-Use Development featuring 150k+ SF of Retail Shopping, Restaurant, Grocery, Entertainment, and 170 Residential Apartments, Driving Significant Traffic and Establishing a Dominant Retail Destination.

Building Details

Building Size 3,817 SF

Listing Agency: Marcus & Millichap - San Diego

Listed By: Alvin Mansour · License #License(s): CA: 01391653, TX: 0606255

Source: Marcusmillichap

Added: May 8 Changed: Sep 3 Last Checked: Sep 12 at 3:55AM

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Investment Insights

Based on property information with market context.

This dual drive-thru ground lease land offering features brand new 2026 construction and a 20-year absolute net ground lease structure. The property is positioned on a signalized hard corner, providing direct visibility and convenient vehicular access for drive-thru operations.

Located within the Tulsa MSA’s high-growth submarket in Broken Arrow, Oklahoma, the site is adjacent to a new 60-acre mixed-use development. The combination of corner signalization and nearby master-planned growth supports the site’s practical commercial positioning for an end user seeking a longer-term, absolute net ground lease arrangement.