Drive-Through Restaurant
For Sale
Contact for pricing
Pending
3647 S Peoria Ave, Tulsa, OK 74105
Single-tenant quick-service restaurant on a ground lease with scheduled rental escalations and extended lease options.
Property Size2,913 SF
Lot Size0.92 Acres
Days on Market142
Property Features for 3647 S Peoria Ave
General Information
Standard status
Pending
Size
2,913 SF
Lot size
0.92 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Mohr Partners, Inc. Dallas
Listed By:
Eric Beichler · License #TX 392222
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 4:21AM
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 Mohr Partners, Inc. Dallas
Investment Insights
Based on property information with market context.
This 2,913-square-foot, single-tenant quick-service restaurant occupies 0.92 acres at 3647 S Peoria Ave in Tulsa, Oklahoma. The property is leased to Raising Cane's Chicken Fingers and operates under a ground lease structure.
The lease commenced on August 1, 2023, with 15 years of term and five 5-year extension periods. Contractual rent increases of 10% occur every five years during the base term and when each extension begins. The lease also provides zero landlord maintenance obligations, creating a defined ownership structure for the property.
The lease commenced on August 1, 2023, with 15 years of term and five 5-year extension periods. Contractual rent increases of 10% occur every five years during the base term and when each extension begins. The lease also provides zero landlord maintenance obligations, creating a defined ownership structure for the property.
Key Highlights
- 2,913‑square‑foot single‑tenant quick‑service restaurant
- 0.92‑acre ground lease at 3647 S Peoria Ave, Tulsa, OK 74105
- Leased to Raising Cane's Chicken Fingers
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
794
Businesses Nearby
271k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 44%
Dining 18%
Shops & Services 17%
Apparel 12%
Trader Joe's
Groceries
57,959 visits/mo
0.0 miles
QuikTrip
Shops & Services
33,748 visits/mo
0.2 miles
Reasor's
Groceries
30,186 visits/mo
0.3 miles
Whole Foods Market
Groceries
30,182 visits/mo
0.3 miles
lululemon athletica
Apparel
24,833 visits/mo
0.3 miles
Demographics for 74105, OK
26,640
Population
14,531
Households
1.8
Avg Household Size
41
Median Age
49%
College-Educated
93%
High-School Grad
7.3 sq mi
ZIP Area
3,649
Density / Sq Mi
$69,864
Median Household Income
$47,580
Median Earnings
$989
Median Rent
$318,500
Median Home Value
Market
Vacancy Rate% for Retail in Tulsa, OK
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Single-tenant quick-service restaurant on a ground lease with scheduled rental escalations and extended lease options.
Where is this drive through restaurant located?
The property is located at 3647 S Peoria Ave Tulsa, OK.
What are key features of this property?
This property features: 2,913‑square‑foot single‑tenant quick‑service restaurant; 0.92‑acre ground lease at 3647 S Peoria Ave, Tulsa, OK 74105; Leased to Raising Cane's Chicken Fingers
