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    3801 Adams Rd Bartlesville, OK 74006

    For Sale
    $1,500,000

    High-yield Burger King, NNN Lease, 6+ years remaining

    Property size:
    3,586 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a freestanding Burger King restaurant in Bartlesville, Oklahoma. The 3,586 square foot property operates under a 20-year Absolute Triple Net (NNN) lease, originally commencing January 1, 2011, and expiring December 31, 2030. Currently, approximately 6.1 years remain on the primary lease term, followed by multiple renewal options (three 5-year terms and one 4-year term). The lease includes a 1.75% annual rent increase, effective January 1st each year, ensuring consistent income growth. The asking price is $1,500,000, representing a compelling $418.29 per square foot and a 6.73% cap rate based on a current Net Operating Income (NOI) of $100,936. The property sits on a 1.25-acre lot at 3801 SE Adams Rd, Bartlesville, OK 74006, benefiting from high visibility and accessibility. The tenant is a Burger King franchisee, providing a strong and recognizable brand presence. This investment offers a stable, long-term income stream with built-in rent escalations and the potential for significant future appreciation. The property's location near major retailers and employers further enhances its appeal and long-term prospects. This is a rare opportunity to acquire a well-established, high-performing fast-food property in a desirable market.

    Property Features for 3801 Adams Rd

    General Information

    Property type
    Restaurants
    Square Feet
    3,586 SF
    Lot Size
    54,450 SF

    HighLights

    • Freestanding Burger King restaurant, 3,586 square feet, located in Bartlesville, OK.
    • $1,500,000 purchase price, offering a 6.73% cap rate and $100,936 NOI.
    • Absolute NNN lease with approximately 6 years remaining, plus renewal options; rent increases 1.75% annually.
    • 1.25‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burger King Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bartlesville
    County
    Washington
    State
    Oklahoma
    Longitude
    -95.934387
    Latitude
    36.7447285

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    FAQs

    What type of property is this?
    Restaurant - High-yield Burger King, NNN Lease, 6+ years remaining
    Where is this restaurant located?
    The property is located at 3801 Adams Rd Bartlesville, OK.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Freestanding Burger King restaurant, 3,586 square feet, located in Bartlesville, OK.; $1,500,000 purchase price, offering a 6.73% cap rate and $100,936 NOI.; Absolute NNN lease with approximately 6 years remaining, plus renewal options; rent increases 1.75% annually.
    Request Owner's contact information
    3801 Adams Rd Bartlesville, OK 74006
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    Bartlesville, OK 74006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3801 Adams Rd Bartlesville, OK 74006
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