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New Freddy’s Restaurant For Sale

5119 E 51st St, Tulsa, OK

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For Sale

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New Freddy’s restaurant with drive-thru, opening August 2025.

Type:RETAIL

Property size:

2,795 SF

Lot size:

2.04 Acres

Price / SF:

$1,059/SF

HighLights

Brand new 20‑year Absolute NNN lease.
Attractive 7.50% rental escalations every 5 years.
Tenant is a large franchisee (Ram‑Z Custard, LLC) with 74 locations, backing the lease performance.
Four 5‑year options to renew.
New, build‑to‑suit Freddy's latest prototype.
Impressive 10‑car stack in drive‑thru.

We can help!

Listing Contact

Justin Zahn

Learn more

For Sale

Contact for pricing

New Freddy’s restaurant with drive-thru, opening August 2025.

Type:RETAIL

Property size:

2,795 SF

Lot size:

2.04 Acres

Price / SF:

$1,059/SF

Added:: Jul 3, 2025
Days on Market:: 344
Last Refresh:: May 20 at 8:07 pm

Property Features for 5119 E 51st St

General Information

Standard status: Active
Size: 2,795 SF
Lot size: 2.04 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Justin Zahn

Listing agent Justin Zahn

Listing office Commercial Investment Advisors (CIA) - Corporate

Listing date Jul 3, 2025

Source Moodyscre

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 Commercial Investment Advisors (CIA) - Corporate

HighLights

Brand new 20‑year Absolute NNN lease.
Attractive 7.50% rental escalations every 5 years.
Tenant is a large franchisee (Ram‑Z Custard, LLC) with 74 locations, backing the lease performance.
Four 5‑year options to renew.
New, build‑to‑suit Freddy's latest prototype.
Impressive 10‑car stack in drive‑thru.

Overview

This property features a brand new, build-to-suit Freddy’s restaurant, utilizing the latest prototype design. The restaurant includes an impressive 10-car stack in the drive-thru. The property is slated to open in August 2025. The tenant, Ram-Z Custard, LLC, operates 74 locations, including 39 Freddy’s restaurants (making it the 6th largest Freddy’s franchisee in the U.S.) and 35 Schlotzsky’s locations (the largest Schlotzsky’s franchisee in the country, including those currently under construction). The property is located at 5119 E 51st St, Tulsa, OK. The property size is 2795 square feet. The property is under a new 20-year absolute NNN lease with 7.50% rental escalations every 5 years and four 5-year options to renew.

Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Location Insight

Map
Local Demand

City: Tulsa
County: Creek
State: Oklahoma
Longitude: -95.9184
Latitude: 36.0908

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What type of property is this?

Drive through restaurant - New Freddy’s restaurant with drive-thru, opening August 2025.

Where is this drive through restaurant located?

The property is located at 5119 E 51st St Tulsa, OK.

What is the asking price?

The asking price for this property is $2,960,000.

What are key features of this property?

This property features: Brand new 20‑year Absolute NNN lease.; Attractive 7.50% rental escalations every 5 years.; Tenant is a large franchisee (Ram‑Z Custard, LLC) with 74 locations, backing the lease performance.

5119 E 51st St, Tulsa, OK

New Freddy’s restaurant with drive-thru, opening August 2025.

Property Features for 5119 E 51st St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

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Office Building with Call Center Setup

Downtown Tulsa Commercial Opportunity

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Institutional Campus with Gymnasium

Tulsa Church with Soccer Field

Tulsa Church on One Acre

Multi-Use Property in Tulsa, OK

Multi-Office Commercial Building

Tulsa Commercial Investment Opportunity

Tulsa Commercial Building For Sale

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