Property profile

10249 E 41St St Tulsa, OK 74146

FOR LEASE
Turn key restaurants
Property ID
US69-0025768
1,825 SF 0.99 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 1,780 square foot Dunkin' located at 10249 E 41st St, Tulsa, OK 74146. Built in 2022, this single-tenant, absolute net lease property boasts a 20-year lease commencing January 22, 2024, and expiring January 21, 2044. The lease includes a substantial 19.2 years remaining term and features a 7.5% rent increase every five years, ensuring consistent income growth. The property generates a current net operating income (NOI) of $100,000 annually. The tenant, Lagunita Franchise Operations, LLC, is a seasoned operator with a proven track record, holding multiple Dunkin' locations. This corporate-guaranteed lease provides significant security and minimizes landlord responsibilities. The property itself is a prototypical Dunkin' design, including a drive-thru, prominent signage, and ample parking. Situated on a 43,037 square foot lot, the location benefits from its proximity to a Popeye's restaurant. The franchise is backed by Inspire Brands, a major multi-brand restaurant company. Lease options are available, providing further long-term investment potential. This is a rare opportunity to acquire a strong-performing, low-maintenance, and highly desirable Dunkin' investment property.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 1,825 SF
Lot 0.99 ac (43,037 SF)
Zoning code CS
APN 76165-94-19-38800
UPID US69-0025768

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop

Location

10249 E 41St St Tulsa, OK 74146
Tulsa metro Census 9011 TULSA, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2024
6 recorded transactions
2024
$1.7M
2019
Price N/A
2018
$320,000
2010
Price N/A
2007
$820,000
2003
Price N/A

Zoning & alternative use

CS · Tulsa, OK
Zoning description

CS Commercial Shopping CG Commercial General CH Commercial-High CBD Central Business IL Industrial-Light IM Industrial-Moderate IH Industrial-Heavy Most intensive O, C or I district B. Purposes. 1. General. Office, comme…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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